[table]



[table]


Date: |
2009/08/04 |




Time: |
10:06 (GMT +2) |





Ticker: |
JPY |





Last: |
94.93 |





Pivot: |
95.45 |





1st sup. |
94.7 |




2nd sup. |
94.35 |




3rd sup. |
94.05 |






1st res. |
95.45 |




2nd res. |
95.85 |




3rd res. |
96.15 |




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[table]


[table]


Title: |
USD/JPY intraday: key ST resistance at 95.45. |




Summary: |
Update on supports and resistances. |




Story: |
Pivot: 95.45

Our preference: Short positions below 95.45 with targets @ 94.7 & 94.35 in extension.

Alternative scenario: Above 95.45 look for further upside with 95.85 & 96.15 as targets.

Comment: the pair is under pressure and should reach its next support, the RSI is badly directed. |


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