INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +92.15+

Last Update 27 Oct 2009 03:46 GMT

Despite initial marginal rise abv NY high of 92.
29, subsequent retreat fm 92.33 suggests a temp.
top has been formed n consolidation with downside
bias remains for a minor retrace. of recent upmove
to 91.80 but reckon sup at 91.57 wud hold fm here.

For st trade, sell on recovery n exit on decline
, then buy dlr for day trade. Abv 92.33, 92.55.

Range Forecast
91.90 / 92.20

Resistance/Support

R: 92.33/92.55/92.90
S: 91.88/91.57/91.33