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Friday's rally abv prev. top at 0.9541 confirms
recent uptrend has finally resumed n expect initial
consolidation b4 yielding marginal gain twd 0.9580/
85, however, o/bot condition is likely to cap aud
below 0.9600 n bring a minor correction later.
Buy dips with stop as indicated n take profit
on such rise...
Range Forecast
0.9525 / 0.9555
Resistance/Support
R: 0.9571/0.9600/0.9638
S: 0.9520/0.9500/0.9476
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INTRA-DAY AUD/USD OUTLOOK: 0.9550
Updating time :18 May 2008 22:22 GMT
Friday's rally abv prev. top at 0.9541 confirms
recent uptrend has finally resumed n expect initial
consolidation b4 yielding marginal gain twd 0.9580/
85, however, o/bot condition is likely to cap aud
below 0.9600 n bring a minor correction later.
Buy dips with stop as indicated n take profit
on such rise...
Range Forecast
0.9525 / 0.9555
Resistance/Support
R: 0.9571/0.9600/0.9638
S: 0.9520/0.9500/0.9476
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