acetraderfx
11-16-2008, 08:35 PM
INTRA-DAY USD/JPY OUTLOOK: 96.71
Updating time : 17 Nov 2008 01:26 GMT
Dlr's rebound fm 95.87 (Aust.) in part due to
cross unwinding suggests an intra-day low has been
formed n risk is seen for gain to 96.90/00 n possi-
bly 97.30, however, abv 97.76 is needed to signal
retreat fm 98.30 has ended.
Exit intra-day short n stand aside. Below 96.00
/10 wud bring another fall to 95.87 n 95.50/60...
Range Forecast
96.40 / 96.90
Resistance/Support
R: 97.76/ 98.10/ 98.30
S: 95.87/ 95.13/ 94.48
Updating time : 17 Nov 2008 01:26 GMT
Dlr's rebound fm 95.87 (Aust.) in part due to
cross unwinding suggests an intra-day low has been
formed n risk is seen for gain to 96.90/00 n possi-
bly 97.30, however, abv 97.76 is needed to signal
retreat fm 98.30 has ended.
Exit intra-day short n stand aside. Below 96.00
/10 wud bring another fall to 95.87 n 95.50/60...
Range Forecast
96.40 / 96.90
Resistance/Support
R: 97.76/ 98.10/ 98.30
S: 95.87/ 95.13/ 94.48