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Technical Analysis
INTRA-DAY AUD/USD OUTLOOK by AceTrader
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[QUOTE="acetraderfx, post: 279, member: 260"] 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 [URL="http://www.acetraderfx.com"]http://www.acetraderfx.com[/URL] [/QUOTE]
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