AceTrader 2-wk TRIAL
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INTRA-DAY USD/JPY OUTLOOK
Dlr's early short-term reversal fm a near 7-month
high at 81.59 suggests a minor correction of recent
upmove has occured n consolidation with downside
bias is seen for retrace. to 81.05/10, however, rec
kon Fri's low at 80.89 wud hold n bring rebound.
Turn short for st trade for 81.10 1st n only abv
81.46 aborts bearishness, risks re-test of 81.59.
Range Forecast
81.20 / 81.38
Resistance/Support
R: 81.46 / 81.59 / 81.78
S: 81.14 / 81.05 / 80.89
Last Update At
19 Nov 2012 02:09 GMT
Rate
81.29
Strategy/Entry Level
Sell at 81.35 for st trade
Objective
81.10
Stop-Loss
81.48
Dlr's early short-term reversal fm a near 7-month
high at 81.59 suggests a minor correction of recent
upmove has occured n consolidation with downside
bias is seen for retrace. to 81.05/10, however, rec
kon Fri's low at 80.89 wud hold n bring rebound.
Turn short for st trade for 81.10 1st n only abv
81.46 aborts bearishness, risks re-test of 81.59.
Range Forecast
81.20 / 81.38
Resistance/Support
R: 81.46 / 81.59 / 81.78
S: 81.14 / 81.05 / 80.89
Last Update At
19 Nov 2012 02:09 GMT
Rate
81.29
Strategy/Entry Level
Sell at 81.35 for st trade
Objective
81.10
Stop-Loss
81.48
