Already 2 Winning Trades today so far ……22/January/2014Our Winning Trades
INTRA-DAY AUD/USD OUTLOOK - +0.8867+
Update Time:22 Jan 2014 01:03GMT
Aud's present rally after release of better-than-expected AU CPI data suggests LT downtrend has
made a temp. low at Mon's 3-1/2 year trough at 0.8756 n upside bias wud be seen for a retrace. to 0.88
70/75, then twds 0.8888 (prev. sup, now res).
Buy at market for this move n only below 0.8828 aborts n risks weakness to 0.8775.
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DAILY AUD/USD OUTLOOK - +0.8860+
Update Time:22 Jan 2014 00:47GMT
Despite A$'s weakness to 0.8775 Tue, subsequent rebound after holding abv Mon's 3-1/2 year low at
0.8756 suggests choppy consolidation wud be seen n abv 0.8838 may bring stronger retrace. to 0.8860/65
but res at 0.8888 wud cap upside n yield decline.
Buy on dips for 0.8860 or sell at 0.8865 for strg retreat twd 0.8775 with 40 points stop.
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