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Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses

Thu, Mar 20 2008, 03:40 GMT
by AceTrader Team

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INTRA-DAY AUD/USD OUTLOOK:                             0.9130

Updating time :20 Mar 2008 02:43 GMT


Aussie's recovery after the brief fall to 0.9090
suggests minor consolidation abv there wud be seen
but reckon renewed selling wud emerge below 0.9160/
70 n bring resumption of recent erratic decline for
re-test of said sup n then 0.9060/70.

Sell on pullback with stop as indicated n exit
on subsequent fall...

Range Forecast

0.9115 / 0.9145

Resistance/Support
R: 0.9158/0.9200/0.9247
S: 0.9090/0.9045/0.9003
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