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View Full Version : INTRA-DAY USD/JPY OUTLOOK by AceTrader



acetraderfx
11-09-2008, 10:58 PM
INTRA-DAY USD/JPY OUTLOOK: 98.80

Updating time : 10 Nov 2008 04:17 GMT

Despite dlr's retreat after being capped below
intra-day high at 99.40, as long as minor sup at
98.63 holds, upside bias remains for nr term upmove
fm 96.75 to resume n abv said res wud extend gain
to 99.80/90 later.

Trade fm long side n exit on subsequent rise,
stop as indicated, below risks pullback to 98.25...

Range Forecast
98.70 / 99.00

Resistance/Support
R: 99.40/ 99.93/100.56
S: 98.63/ 98.25/ 97.79