Forex Market Outlook on Minors/Crosses

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Forex Market Outlook on Minors/Crosses
Mon, Oct 6 2008, 00:41 GMT
by AceTrader Team
AceTrader
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INTRA-DAY AUD/USD OUTLOOK : 0.7713
Updating time : 05 Oct 2008 22:32 GMT
Aussie's breach of 0.7698 signals recent decline
has once again resumed n despite present recovery
fm 0.7675 (NZ), reckon 0.7750 shud cap upside n
yield another fall to said sup, below wud extend
weakness to 0.7650 b4 correction.
Sell on minor recovery with stop as indicated,
break wud signal temp. low is made n risk 0.7800...
Range Forecast
0.7700 / 0.7730
Resistance/Support
R: 0.7780/0.7820/0.7868
S: 0.7675/0.7650/0.7600
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Published on
Mon, Oct 6 2008, 00:58 GMT
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