INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +90.50+

Last Update 29 Oct 2009 07:03 GMT

Dlr's rebound after intra-day marginal weakness
to 90.23 suggests consolidation with mild upside
bias wud be seen for gain 90.75 n then 90.88/93,
however, abv latter lvl is needed to signal a temp.
low has been formed there.

Trade fm long side with stop as indicated, below
wud extend decline fm 92.33 to 89.80/90.

Range Forecast
+90.40 / 90.70+

Resistance/Support

R: 90.88/91.37/91.83
S: 90.23/90.07/89.62