acetraderfx
AceTrader.com Representative
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DAILY USD/JPY OUTLOOK - 98.11
28 Jul 2013 22:50GMT
Fri's breach of Jul's low at 98.26 confirms fall
fm Jul's peak at 101.53 to retrace upmove fm Jun's
low at 93.75 has resumed n weakness to 97.64 (50 r)
is envisaged, near term 'loss of momentum' wud keep
price abv 97.24 today n yield rebound later.
Sell on recovery n only a daly close abv 98.94
wud defer bearishness on dlr n risk 99.41.
STRATEGY : Sell at 98.50
OBJECTIVE : 97.70
STOP-LOSS : 98.90
RES : 98.49 / 98.94 / 99.41
SUP : 97.64 / 97.24 / 96.86
28 Jul 2013 22:50GMT
Fri's breach of Jul's low at 98.26 confirms fall
fm Jul's peak at 101.53 to retrace upmove fm Jun's
low at 93.75 has resumed n weakness to 97.64 (50 r)
is envisaged, near term 'loss of momentum' wud keep
price abv 97.24 today n yield rebound later.
Sell on recovery n only a daly close abv 98.94
wud defer bearishness on dlr n risk 99.41.
STRATEGY : Sell at 98.50
OBJECTIVE : 97.70
STOP-LOSS : 98.90
RES : 98.49 / 98.94 / 99.41
SUP : 97.64 / 97.24 / 96.86
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