INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +89.49+

Last Update At 08 Feb 2010 07:49 GMT

Dlr's rebound after finding renewed buying at
89.15 suggests further choppy consolidation abv
last week's low of 88.55 wud continue with upside
bias n abv o/head res 89.55 (Aus.) wud bring gain
to 89.70 but reckon 89.89 (NY high) wud cap upside.

For st trade, hold long n sell on upmove for
day trade. Below 89.15 may risk weakness twd 88.82.


Range Forecast
+89.35 / 89.70+


Resistance/Support

R: 89.55/89.89/90.07
S: 89.15/88.82/88.55