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Aussie's sideways trading after intra-day sell-
off fm 0.8689 to 0.8615 is likely to continue n as
long as this sup holds, a corrective bounce twds
0.8660/70 can't be ruled out b4 prospect of another
fall later today.
Stand aside n look to sell on recovery. Below
0.8610/15 wud signal decline resumes, 0.8590 1st..
Range Forecast
+0.8635 / 0.8665+
Resistance/Support
R: 0.8649/0.8689/0.8710
S: 0.8615/0.8590/0.8559
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INTRA-DAY AUD/USD OUTLOOK: 0.8633
Updating time :25 Aug 2008 05:58 GMT
Aussie's sideways trading after intra-day sell-
off fm 0.8689 to 0.8615 is likely to continue n as
long as this sup holds, a corrective bounce twds
0.8660/70 can't be ruled out b4 prospect of another
fall later today.
Stand aside n look to sell on recovery. Below
0.8610/15 wud signal decline resumes, 0.8590 1st..
Range Forecast
+0.8635 / 0.8665+
Resistance/Support
R: 0.8649/0.8689/0.8710
S: 0.8615/0.8590/0.8559
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