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Forex Market Outlook on Minors/Crosses

Fri, Jul 24 2009, 02:01 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8146
Last Update At 23 Jul 2009 22:41 GMT

rise to 0.8123 in NY, aud fell in tandem with euro
to 0.8108, suggesting a temp. top has been made n
choppy consolidation with downside bias remains for
correction to 0.8100 but reckon 0.8070/80 wud hold.

Trade fm short side for this move n only abv
0.8190/00 wud risk re-test of said y'day's high.

Range Forecast
0.8125 / 0.8155

Resistance/Support

R: 0.8180/0.8223/0.8238
S: 0.8108/0.8090/0.8033


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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