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Forex Market Outlook on Minors/Crosses

Mon, Mar 31 2008, 02:54 GMT
by AceTrader Team

AceTrader


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INTRA-DAY AUD/USD OUTLOOK:                             0.9167

Updating time :31 Mar 2008 02:35 GMT


Although aussie has recovered fm 0.9141, last
wk's selloff indicates further choppy trading below
0.9253 is in store n downside bias is seen for a
retracement of the rise fm 0.8954 to 0.9121 but rec
kon 0.9103 wud hold fm here.

Trade fm short side with stop as suggested n
only abv 0.9200 signals correction is over...

Range Forecast

0.9150 / 0.9175

Resistance/Support

R: 0.9185/0.9223/0.9253
S: 0.9141/0.9121/0.9103
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