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Forex Market Outlook on Minors/Crosses

Wed, Nov 19 2008, 07:54 GMT
by AceTrader Team

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INTRA-DAY AUD/USD OUTLOOK :            0.6455

Updating time : 19 Nov 2008 06:47 GMT


Lack of follow through selling below 0.6435 n
subsequent rebound fm 0.6425 suggest an intra-day
low has possibly been formed n consolidation with
upside bias is seen for gain to 0.6495/00 n then
twds 0.6535.

Buy on dips with stop as indicated n only below
0.6405 wud signal decline has possibly resumed...

Range Forecast
0.6435 / 0.6475

Resistance/Support

R: 0.6535/0.6597/0.6663
S: 0.6425/0.6405/0.6363


Archive

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