AceTrader 2-wk TRIAL
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INTRA-DAY USD/JPY OUTLOOK
Despite dlr's early brief drop to 78.30 after
BoJ's unchanged rate decision, subsequent rebound
suggests choppy trading inside 78.15-78.77 range
wud continue n marginal gain abv 78.57 (Tokyo) is
likely but said upper lvl shud remain intact.
Buy on dips with stop as indicated, break risks
stronger pullback to Mon's 78.15 low.
Range Forecast
78.32 / 78.57
Resistance/Support
R: 78.59 / 78.77 / 79.00
S: 79.24 / 78.15 / 78.06
Last Update At
09 Aug 2012 08:51 GMT
Rate
78.52
Strategy/Entry Level
Buy at 78.32
Objective
78.62
Stop-Loss
78.22
Despite dlr's early brief drop to 78.30 after
BoJ's unchanged rate decision, subsequent rebound
suggests choppy trading inside 78.15-78.77 range
wud continue n marginal gain abv 78.57 (Tokyo) is
likely but said upper lvl shud remain intact.
Buy on dips with stop as indicated, break risks
stronger pullback to Mon's 78.15 low.
Range Forecast
78.32 / 78.57
Resistance/Support
R: 78.59 / 78.77 / 79.00
S: 79.24 / 78.15 / 78.06
Last Update At
09 Aug 2012 08:51 GMT
Rate
78.52
Strategy/Entry Level
Buy at 78.32
Objective
78.62
Stop-Loss
78.22
