AceTrader 2-wk TRIAL
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DAILY USD/JPY OUTLOOK
Fri's brief but sharp retreat fm 82.83 to 82.23in NY suggests further choppy trading below Nov's7-1/2 mth peak at 82.84 wud continue n intra-dayweakness in eur/yen signals downside bias remains,below 82.18/20 wud extend to 82.00/05 b4 rebound.
Buy on next decline but abv 82.84 needed to extend MT rise fm 77.13 to 83.00, then 83.30.
Resistance/Support
R: 82.84 / 83.00 / 83.30
S: 82.23 / 82.05 / 81.68
Last Update At
10 Dec 2012 07:16 GMT
Rate
82.44
Strategy
Buy at 82.10
Objective
82.75
Stop-Loss
81.80
Fri's brief but sharp retreat fm 82.83 to 82.23in NY suggests further choppy trading below Nov's7-1/2 mth peak at 82.84 wud continue n intra-dayweakness in eur/yen signals downside bias remains,below 82.18/20 wud extend to 82.00/05 b4 rebound.
Buy on next decline but abv 82.84 needed to extend MT rise fm 77.13 to 83.00, then 83.30.
Resistance/Support
R: 82.84 / 83.00 / 83.30
S: 82.23 / 82.05 / 81.68
Last Update At
10 Dec 2012 07:16 GMT
Rate
82.44
Strategy
Buy at 82.10
Objective
82.75
Stop-Loss
81.80
