INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +90.44+

Last Update 04 Nov 2009 06:57 GMT

Dlr's rebound after finding renewed buying at
90.04 suggests choppy consolidation inside nr term
range of 89.87-90.71 wud be seen with upside bias n
abv 90.59 wud signal the upmove fm Monday's 89.18
low has resumed for re-test of 90.71 n then 91.00.

Trade fm long side with stop as indicated, only
below 90.04 wud abort n risk weakness to 89.84/87.

Range Forecast
90.30 / 90.59

Resistance/Support

R: 90.59/90.71/91.30
S: 90.04/89.87/89.45