INTRA-DAY AUD/USD OUTLOOK : 0.7080
Updating time :09 Jan 2009 07:52 GMT
Although aussie's rebound fm Asian low of 0.7054
suggests consolidation with mild upside bias is
seen, abv 0.7124/33 needed to signal correction fm
0.7270 has ended at 0.6958 y'day n yield subsequent
gain twd 0.7179 b4 prospect of a retreat.
Below 0.7054 wud bring weakness twd 0.7012 but
0.6990/00 shud hold fm here. Stand aside...
Range Forecast
0.7060 / 0.7100
Resistance/Support
R: 0.7133/0.7179/0.7223
S: 0.7054/0.7012/0.6958
http://www.acetraderfx.com
Updating time :09 Jan 2009 07:52 GMT
Although aussie's rebound fm Asian low of 0.7054
suggests consolidation with mild upside bias is
seen, abv 0.7124/33 needed to signal correction fm
0.7270 has ended at 0.6958 y'day n yield subsequent
gain twd 0.7179 b4 prospect of a retreat.
Below 0.7054 wud bring weakness twd 0.7012 but
0.6990/00 shud hold fm here. Stand aside...
Range Forecast
0.7060 / 0.7100
Resistance/Support
R: 0.7133/0.7179/0.7223
S: 0.7054/0.7012/0.6958
http://www.acetraderfx.com