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INTRA-DAY AUD/USD OUTLOOK -             0.8725

Updating time :22 Nov 2007 22:54 GMT

Aussie's intra-day sideways trading is expected
to continue n as y'day's retreat fm 0.8792 suggests
correction fm 0.8652 has possibly ended there, down
side bias is seen for weakness twd 0.8700 but break
of 0.8681 sup is needed to confirm.

Sell on recovery with stop as indicated, break
wud risk another bounce to 0.8792...

Range Forecast

0.8710 / 0.8740

Resistance/Support
R: 0.8763/0.8792/0.8835
S: 0.8681/0.8652/0.8600

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