INTRADAY TRADING SIGNAL BY ACETRADER.COM :

EUR/JPY : 107.48

Last Update At 26 Aug 2010 03:15 GMT

Euro's present rally fm y'day's 106.36 (NY)
suggests MT downtrend fm 114.74 has possibly made
a low at 105.44 earlier n upside bias is seen, but
near term loss of momentum shud cap price below
108.10 n bring retreat later.


Wud not advise to chase for this move, look to
sell on marginal recovery for day trade.

Range Forecast

107.35 / 107.65

Resistance/Support


R: 107.65/108.25/108.54
S: 106.97/106.36/105.90