Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses
Wed, Sep 3 2008, 07:21 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK: 0.8298
Updating time :03 Sep 2008 06:39 GMT
Aussie's rebound fm 0.8238 suggests an intra-day
low has been formed n consolidation with upside
bias is seen for correction of recent decline to
0.8310/20, however, reckon minor res at 0.8343 wud
limit upside n bring retreat.
Below 0.8270 wud yield another fall to 0.8238 n
then 0.8215/20. Stand aside in the meantime...
Range Forecast
+0.8275 / 0.8300+
Resistance/Support
R: 0.8343/0.8373/0.8393
S: 0.8270/0.8238/0.8200
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Published on
Wed, Sep 3 2008, 07:48 GMT
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