INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 87.48

Last Update At 29 Jul 2010 23:34 GMT

Although y'day's selloff to 86.57 in NY signals
recent downtrend has resumed n price wud re-test
this month's low at 86.27, choppy consolidation is
seen in Asia b4 prospect of such a move n reckon
said 86.27 sup wud hold fm here initially.


Sell on further recovery for 86.65 n if dlr dec-
lines to 86.35 1st, buy for rebound to 86.75.

Range Forecast
86.60 / 86.95


Resistance/Support

R: 87.10 / 87.25 / 87.45
S: 86.57 / 86.27/ 85.86