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INTRA-DAY USD/JPY OUTLOOK by AceTrader INTRA-DAY USD/JPY OUTLOOK by AceTrader
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Old 08-04-2008, 04:19 AM   #1 (permalink)
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Default INTRA-DAY USD/JPY OUTLOOK by AceTrader
Updating time : 04 Aug 2008 02:30 GMT

Although dlr has retreated after meeting renewed
selling below 107.80/83 n weakness to 107.35/40 can
not be ruled out, below Friday's low at 107.28 is
needed to confirm decline fm last week's top at 108
.39 has resumed n extend to 107.00 'later'.

Abv 107.80/85 wud bring correction to 108.00/10
b4 down. Stand aside n look to sell for day trade..

Range Forecast
107.45 / 107.70

Resistance/Support
R: 107.85/108.17/108.39
S: 107.28/107.00/106.58

AceTrader - Forex - Real-time FX Forecasts, Commentaries and Trading Signals
Last edited by IGAL; 08-11-2008 at 07:29 PM.
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