Intra-day forex trading signal for EUR/JPY by AceTrader

Rate: 124.40

Updating time : 12 Mar 2009 01:23 GMT

Euro's intra-day strg retreat to 124.29 suggests
recovery fm 124.00 has possibly ended at 125.26 n
consolidation with downside bias wud be seen but a
breach of said sup needed to extend nr term decline
fm 126.07 to 123.54/60.

Abv 124.80/85 wud bring rebound to 125.26.
Suggest to stand aside in the meantime...

Range Forecast
124.29 / 124.60

Resistance/Support

R: 125.26/125.57/126.09
S: 124.00/123.54/122.70