INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY

EUR/JPY : 106.20

Last Update At 08 Sep 2010 09:16 GMT

Despite euro's strg rebound after holding abv
intra-day sup at 105.80 (Asia), as long as 106.51/
/62 holds, consolidation with downside bias remains
for another fall to 106.00, however, below 105.80
is needed to extend decline fm 109.56 to 105.44.

Sell on pullback with stop as indicated, break
wud suggest an intra-day low is made, 107.00/05.

Range Forecast
106.10 / 106.50


Resistance/Support

R: 106.51/107.06/107.65
S: 105.80/105.44/104.91