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USD/JPY Intra-day signal by AceTrader

Discussion in 'Market Predictions and Reports' started by acetraderfx, Jul 15, 2010.

  1. acetraderfx

    acetraderfx AceTrader.com Representative

    Joined:
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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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