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Aussie's intra-day firmness on early release of
much higher-than-expected Australian retail sales
data suggests caution on our daily short n abv 0.96
20 wud bring further gain to 0.9633/40 but recent
top at 0.9668 shud hold fm here.
Wud not chase current rise n stand aside. Below
0.9558 wud prolong choppy trading n risk 0.9533...
Range Forecast
0.9580 / 0.9610
Resistance/Support
R: 0.9608/0.9633/0.9668
S: 0.9558/0.9533/0.9512
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INTRA-DAY AUD/USD OUTLOOK: 0.9600
Updating time :02 Jul 2008 04:21 GMT
Aussie's intra-day firmness on early release of
much higher-than-expected Australian retail sales
data suggests caution on our daily short n abv 0.96
20 wud bring further gain to 0.9633/40 but recent
top at 0.9668 shud hold fm here.
Wud not chase current rise n stand aside. Below
0.9558 wud prolong choppy trading n risk 0.9533...
Range Forecast
0.9580 / 0.9610
Resistance/Support
R: 0.9608/0.9633/0.9668
S: 0.9558/0.9533/0.9512
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