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the breach of 0.6970 suggests further weakness to
0.6800 wud be seen, however, o/sold condition shud
limit downside to 0.6750/60 n risk fm there has in-
creased for a rebound later.
Abv 0.6900 wud bring gain to 0.6940 but reckon
0.6970 (prev. sup) wud remain intact. Stand aside..
Range Forecast
0.6830 / 0.6880
Resistance/Support
R: 0.6970/0.7100/0.7158
S: 0.6800/0.6730/0.6650
INTRA-DAY AUD/USD OUTLOOK : 0.6860
Updating time : 08 Oct 2008 05:31 GMT
Present acceleration of recent decline afterthe breach of 0.6970 suggests further weakness to
0.6800 wud be seen, however, o/sold condition shud
limit downside to 0.6750/60 n risk fm there has in-
creased for a rebound later.
Abv 0.6900 wud bring gain to 0.6940 but reckon
0.6970 (prev. sup) wud remain intact. Stand aside..
Range Forecast
0.6830 / 0.6880
Resistance/Support
R: 0.6970/0.7100/0.7158
S: 0.6800/0.6730/0.6650
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