INTRADAY TRADING SIGNAL BY ACETRADER.COM :

EUR/JPY : 107.47

Last Update At 27 Aug 2010 03:17 GMT

Although euro's retreat after being capped below
108.01 suggests corrective rise fm this wk's 105.44
low has formed a temp. top there y'day, outlook is
consolidative n nr term o/sold condition shud limit
weakness to 106.80 in Asia n bring rebound later.

Incline to buy on dips n exit on rise as only
abv 107.65 wud signal aforesaid retreat is over...

Range Forecast

+107.30 / 107.60+

Resistance/Support

R: 107.65/108.01/108.25
S: 107.99/106.35/105.90