AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USD
---------------------------------------------------------
Although intra-day kiwi-led selloff to 0.8564
confirms recent decline has resumed, lack of follow
through selling n present recovery suggests a temp.
low is possibly in place n abv 0.8615 (y'day's low)
wud bring stronger retrace. to 0.8630/40 later.
Stand aside for now as only below said sup wud
yield marginal weakness to 0.8530/40 b4 rebound...
Range Forecast
0.8570 / 0.8600
Resistance/Support
R: 0.8647/0.8690/0.8710
S: 0.8564/0.8513/0.8495
---------------------------------------------------
INTRA-DAY AUD/USD OUTLOOK: 0.8585
Updating time :25 Aug 2008 23:55 GMT
Although intra-day kiwi-led selloff to 0.8564
confirms recent decline has resumed, lack of follow
through selling n present recovery suggests a temp.
low is possibly in place n abv 0.8615 (y'day's low)
wud bring stronger retrace. to 0.8630/40 later.
Stand aside for now as only below said sup wud
yield marginal weakness to 0.8530/40 b4 rebound...
Range Forecast
0.8570 / 0.8600
Resistance/Support
R: 0.8647/0.8690/0.8710
S: 0.8564/0.8513/0.8495
---------------------------------------------------
