acetraderfx
AceTrader.com Representative
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INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : 88.85
Last Update At 13 Jul 2010 00:28 GMT
Dlr's intra-day cross-inspired selloff fm yester
day's Asian high of 89.15 to 88.39 (NY) confirms
recent erratic rise fm this month's low at 86.96
has made a temp. top n choppy trading with initial
downside bias is seen but reckon 88.22/27 wud hold.
For st trade, sell on recovery for 88.45 or buy
on next decline to 88.25 for rebound to 88.65.
Range Forecast
88.50 / 88.85
Resistance/Support
R: 88.85 / 89.15 / 89.46
S: 88.39 / 88.27 / 88.00
USD/JPY : 88.85
Last Update At 13 Jul 2010 00:28 GMT
Dlr's intra-day cross-inspired selloff fm yester
day's Asian high of 89.15 to 88.39 (NY) confirms
recent erratic rise fm this month's low at 86.96
has made a temp. top n choppy trading with initial
downside bias is seen but reckon 88.22/27 wud hold.
For st trade, sell on recovery for 88.45 or buy
on next decline to 88.25 for rebound to 88.65.
Range Forecast
88.50 / 88.85
Resistance/Support
R: 88.85 / 89.15 / 89.46
S: 88.39 / 88.27 / 88.00