INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +89.30+

Last Update At 08 Feb 2010 02:00 GMT

Although Friday's resumption of decline in eur/
yen pushed dlr fm 89.89 to 88.82 in NY session, sub
sequent rebound suggests further 'choppy' consolida
tion abv last week's 88.55 low wud continue but as
long as 89.89 res holds, downside bias remains.

For st trade, buy dips for another bounce to 89.
45 n sell on further rise for day trade.


Range Forecast
+89.25 / 89.55+


Resistance/Support

R: 89.89/90.07/90.79
S: 88.82/88.55/88.24