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Forex Market Outlook on Minors/Crosses
Mon, Dec 15 2008, 07:10 GMT
by AceTrader Team
AceTrader
INTRA-DAY AUD/USD OUTLOOK : 0.6666
Updating time : 15 Dec 2008 06:56 GMT
Aussie's retreat after intra-day marginal rise
to 0.6704 suggests minor consolidation below there
wud be seen n pullback to 0.6640/45 cannot be ruled
out, however, below 0.6612 is needed to signal nr
term rise fm 0.6488 has possibly ended, 0.6570/80.
Abv said res wud extend gain twds 0.6735 but
last wk's top at 0.6801 shud hold on 1st testing...
Range Forecast
0.6650 / 0.6680
Resistance/Support
R: 0.6704/0.6735/0.6801
S: 0.6612/0.6555/0.6488
Published on
Mon, Dec 15 2008, 07:14 GMT
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