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A$'s rebound after release of better-than-expect
ed data suggests a temp. low has possibly been made
at 0.9486 n upside bias is seen for gain to 0.9550,
however, abv is needed to retain intra-day bullish-
ness n extend twd 0.9580 b4 prospect of a retreat.
Buy on dips with stop as indicated n only below
0.9486 aborts n extends recent decline twd 0.9450..
Range Forecast
0.9515 / 0.9545
Resistance/Support
R: 0.9550/0.9580/0.9614
S: 0.9486/0.9431/0.9400
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INTRA-DAY AUD/USD OUTLOOK: 0.9535
Updating time :04 Jun 2008 01:33 GMT
A$'s rebound after release of better-than-expect
ed data suggests a temp. low has possibly been made
at 0.9486 n upside bias is seen for gain to 0.9550,
however, abv is needed to retain intra-day bullish-
ness n extend twd 0.9580 b4 prospect of a retreat.
Buy on dips with stop as indicated n only below
0.9486 aborts n extends recent decline twd 0.9450..
Range Forecast
0.9515 / 0.9545
Resistance/Support
R: 0.9550/0.9580/0.9614
S: 0.9486/0.9431/0.9400
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