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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

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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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