Intra-day trading signal by AceTrader
USD/JPY OUTLOOK 99.33
Last Update At 05 Mar 2009 01:34 GMT
Although dlr has rebounded after finding
renewed buying at 98.90, a breach of y'day's high
of 99.49 is needed to confirm recent rise fm 87.10
has once again resumed for further gain to 99.75/78
but psychological res at 100.00 wud hold fm here.
Wud be prudent to exit long n look to buy again
on dips as 98.72 (prev. res) wud remain intact....
Range Forecast
99.10 / 99.40
Resistance/Support
R: 99.49 / 100.00/100.58
S: 98.72 / 98.03 / 97.55
Our 2008 trading performance summary:
http://www.acetraderfx.com/eng/performance/perform2008.asp
USD/JPY OUTLOOK 99.33
Last Update At 05 Mar 2009 01:34 GMT
Although dlr has rebounded after finding
renewed buying at 98.90, a breach of y'day's high
of 99.49 is needed to confirm recent rise fm 87.10
has once again resumed for further gain to 99.75/78
but psychological res at 100.00 wud hold fm here.
Wud be prudent to exit long n look to buy again
on dips as 98.72 (prev. res) wud remain intact....
Range Forecast
99.10 / 99.40
Resistance/Support
R: 99.49 / 100.00/100.58
S: 98.72 / 98.03 / 97.55
Our 2008 trading performance summary:
http://www.acetraderfx.com/eng/performance/perform2008.asp