INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 89.43

Last Update At 08 Feb 2010 09:38 GMT

Dlr's rebound fm 89.15 to 89.57 suggests choppy
consolidation abv last week's low of 88.55 wud con-
tinue n upside bias is seen for a bounce to 89.70,
however, reckon 89.89 res (last Friday's NY high)
shud cap upside n yield selloff later.

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

Range Forecast
89.30 / 89.57

Resistance/Support
R: 89.57/89.89/90.07
S: 89.15/88.82/88.55