Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses
Thu, Sep 4 2008, 09:52 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK: +0.8387+
Updating time :04 Sep 2008 07:28 GMT
Aussie's breach of 0.8355/59 suggests retreat fm
0.8404 has ended at 0.8303 n re-test of said res is
seen, however, abv there is needed to confirm the
corrective rise fm y'day's 0.8233 low has resumed n
extend gain to 0.8420/30.
Buy again on dips with stop as indicated n only
below 0.8303 wud abort present bullishness...
Range Forecast
+0.8360 / 0.8395+
Resistance/Support
R: 0.8404/0.8468/0.8500
S: 0.8359/0.8303/0.8270
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Published on
Thu, Sep 4 2008, 09:55 GMT
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