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Forex Market Outlook on Minors/Crosses

Fri, Nov 21 2008, 08:23 GMT
by AceTrader Team

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INTRA-DAY AUD/USD OUTLOOK :            0.6248

Updating time : 21 Nov 2008 07:57 GMT


Although aussie has risen after brief retreat
n nr term rise fm 0.6075 (y'day's low) to retrace
recent decline may extend gain to 0.6270/75, how-
ever, reckon res at 0.6313 wud hold n yield retreat
later today.

Wud not chase this move n stand aside. Only be
low said sup wud signal top is made, 0.6160/70...

Range Forecast
0.6230 / 0.6260

Resistance/Support

R: 0.6275/0.6313/0.6360
S: 0.6203/0.6157/0.6125


Archive

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