Forex Market Outlook on Minors/Crosses
Forex Market Outlook on Minors/Crosses
Tue, Jul 15 2008, 04:50 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK: 0.9751
Updating time :15 Jul 2008 04:31 GMT
Aud has risen once again after meeting renewed
buying earlier at 0.9708 n further gain twd 0.9770/
80 cannot be ruled out, however, weakening of near
term momentum shud limit upside to 0.9800 n risk
is for a minor retrace. to take place later today.
Wud not advise chasing this move n stand aside.
Only below 0.9708 signals temp. top made, 0.9664...
Range Forecast
0.9735 / 0.9760
Resistance/Support
R: 0.9770/0.9790/0.9817
S: 0.9708/0.9664/0.9640
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Published on
Wed, Jul 16 2008, 01:07 GMT
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