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Forex Market Outlook on Minors/Crosses

Mon, Aug 17 2009, 08:50 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8190
Last Update At 17 Aug 2009 08:54 GMT

Despite aussie's recovery fm 0.8162, as intra-
day breach of 0.8180 (last wk's low) signals nr
term decline fm 0.8479 has resumed, downside bias
remains for weakness to said sup n 0.8150/55, how-
ever 0.8125 shud hold due to o/sold condition.

Sell at market with stop as indicated, break
wud defer n risk pullback to 0.8245/50 b4 down...

Range Forecast
0.8175 / 0.8215

Resistance/Support
R: 0.8216/0.8272/0.8326
S: 0.8162/0.8125/0.8150


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