Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses
Tue, Sep 2 2008, 16:42 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK: 0.8360
Updating time :02 Sep 2008 16:42 GMT
As aussie has rebound after holding abv 0.8270,
suggesting a temp. low is made n retrace. of recent
decline twd 0.8395/00 is envisaged, however, reckon
0.8430/40 wud cap upside fm here n risk has increas-ed for a retreat later.
Buy on minor pullback with stop as indicated,
below wud defer n risk re-test of said sup...
Range Forecast
0.8355 / 0.8485
Resistance/Support
R: 0.8400/0.8433/0.8468
S: 0.8270/0.8250/0.8200
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Published on
Wed, Sep 3 2008, 07:21 GMT
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