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Despite aussie's recovery fm 0.9291, intra-day
breach of 0.9303 (y'day's low) suggests the decline
fm 0.9541 has possibly resumed n further weakness
to 0.9275 wud be seen, however, break is needed to
confirm n extend twds 0.9233 later.
Trade fm short side, stop as indicated n only
abv 0.9340 (Aust.) suggests temp. low made, 0.9362.
Range Forecast
0.9290 / 0.9315
Resistance/Support
R: 0.9340/0.9362/0.9386
S: 0.9275/0.9233/0.9200
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INTRA-DAY AUD/USD OUTLOOK: 0.9310
Updating time :15 May 2008 02:44 GMT
Despite aussie's recovery fm 0.9291, intra-day
breach of 0.9303 (y'day's low) suggests the decline
fm 0.9541 has possibly resumed n further weakness
to 0.9275 wud be seen, however, break is needed to
confirm n extend twds 0.9233 later.
Trade fm short side, stop as indicated n only
abv 0.9340 (Aust.) suggests temp. low made, 0.9362.
Range Forecast
0.9290 / 0.9315
Resistance/Support
R: 0.9340/0.9362/0.9386
S: 0.9275/0.9233/0.9200
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