Intra-day Usd/jpy Outlook By Acetrader - Forex Forum

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> Intra-day Usd/jpy Outlook By Acetrader, INTRA-DAY USD/JPY OUTLOOK by AceTrader
AcetraderFX
post Dec 9 2008, 9:09
Post


INTRA-DAY USD/JPY OUTLOOK - 92.65

Last Update At: 09 Dec 2008 07:12 GMT

Dlr has recovered after cross-inspired drop
to 92.38, suggesting an intra-day low has possibly
been made n consolidation with mild upside bias is
seen n abv 92.85 wud bring gain to 93.10 but break
needed to signal pullback fm 93.91 is over, 93.52.

Exit long n stand aside for now. Below 92.38
wud bring one more fall to 92.05/15...

Range Forecast
92.45 / 92.85

Resistance/Support
R: 93.10/ 93.52/ 93.91
S: 92.38/ 91.97/ 91.58

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