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USD - JPY APRIL 9 2009 ( RESULT PROFIT )

Our preference: Long positions above 99.6 with targets @ 100.5 & 100.9 in extension. Alternative scenario: Below 99.6 look for further downside with 99 & 98.4 as targets. Comment: the RSI is breaking above a MT declining trend line, the pair has rebounded on its channel lower boundary.

TODAY SIGNAL

TIME : 11.37 PM ( M'SIA )

SHORT : 99.99 TARGET : 99.88

* Don't forget to use stoploss

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