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Forex Market Outlook on Minors/Crosses

Thu, Jan 15 2009, 06:44 GMT
by AceTrader Team

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INTRA-DAY AUD/USD OUTLOOK :     0.6608

Updating time :15 Jan 2009 06:33 GMT


Aud's rebound after marginal weakness to 0.6559
suggests consolidation with mild upside bias is
seen n gain twd 0.6656/62 cannot be ruled out, how-
ever, break there is needed to confirm a temp. low
has been made n yield retrace. twd 0.6705/15.

Below 0.6575/80 wud indicate aforesaid recovery
has ended, bring re-test of said sup n 0.6510/20...

Range Forecast
0.6585 / 0.6625

Resistance/Support

R: 0.6656/0.6714/0.6754
S: 0.6559/0.6488/0.6425


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