Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses
Mon, Sep 8 2008, 03:23 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK : 0.8309
Updating time : 08 Sep 2008 02:50 GMT
Despite intra-day rebound after finding renewed
buying at 0.8255, abv 0.8343 (NZ) is needed to con-
firm upmove fm Friday's low at 0.8028 to retrace
recent decline has resumed n extend to 0.8370/80,
otherwise, further choppy trading is seen.
Stand aside n look to buy again on pullback as
0.8225 (prev. res) shud remain intact...
Range Forecast
0.8285 / 0.8320
Resistance/Support
R: 0.8343/0.8404/0.8468
S: 0.8255/0.8225/0.8165
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Published on
Mon, Sep 8 2008, 03:33 GMT
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