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Lack of follow through selling below Asian sup
at 0.8634 n present recovery fm 0.8625 suggest fur-
ther choppy trading abv 0.8590/0.8610 is in store n
risk is seen for gain to 0.8660/70 b4 prospect of
another fall.
Exit intra-day short n stand aside. Below 0.8625
wud bring re-test of last week's low at 0.8590...
Range Forecast
0.8635/ 0.8665
Resistance/Support
R: 0.8702/0.8725/0.8756
S: 0.8625/0.8610/0.8590
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INTRA-DAY AUD/USD OUTLOOK: 0.8645
Updating time :19 Aug 2008 07:03 GMT
Lack of follow through selling below Asian sup
at 0.8634 n present recovery fm 0.8625 suggest fur-
ther choppy trading abv 0.8590/0.8610 is in store n
risk is seen for gain to 0.8660/70 b4 prospect of
another fall.
Exit intra-day short n stand aside. Below 0.8625
wud bring re-test of last week's low at 0.8590...
Range Forecast
0.8635/ 0.8665
Resistance/Support
R: 0.8702/0.8725/0.8756
S: 0.8625/0.8610/0.8590
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