USD/JPY Intra-day signal by AceTrader

acetraderfx

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INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY


USD/JPY :
87.20

Last Update At 16 Jul 2010 01:44 GMT

Y'day's cross-inspired selloff to 87.23 in NY
session signals dlr's MT erratic fall has resumed n
re-test of this month's 86.96 low is seen, however,
expect consolidation with initial upside bias for a
recovery twd 87.65 b4 prospect of another fall.


Buy for st trade for 87.55 or sell if dlr rises
to 87.65 1st for 87.30. Below 86.96, 86.57/60.



Range Forecast
87.15 / 87.45


Resistance/Support
R: 87.58 / 87.85 / 88.01
S: 86.96 / 86.57 / 86.17
 
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