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Forex Market Outlook on Minors/Crosses

Tue, Mar 24 2009, 15:45 GMT

AceTrader  |  View company's profile


AceTrader 1-wk TRIAL

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Intra-day forex trading signal for AUD/USD by AceTrader

Rate: 0.6985

Updating time : 24 Mar 2009 15:03 GMT

As aussie has rebounded after meeting renewed
buying at 0.6962, suggesting pullback fm 0.7095 has
ended n upside bias is seen for gain twd 0.7040/50,
however, abv 0.7074 is needed to confirm n yield
re-test of said res later.

Buy on dips with stop below there, break wud
abort n risk retrace. of recent upmove twd 0.6934..

Range Forecast
0.6980 / 0.7020

Resistance/Support

R: 0.7074/0.7095/0.7132
S: 0.6962/0.6934/0.6900


Trendsetter Financial Markets Ltd. | Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com

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Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
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