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Forex Market Outlook on Minors/Crosses

Wed, Sep 2 2009, 06:43 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8335
Last Update At 02 Sep 2009 06:16 GMT

Aussie's stronger-than-expected rebound after
marginal weakness to 0.8239 has dampened our bear-
ishness n upside risk is seen for a correction of
recent decline twd 0.8350/60, however, reckon 0.83
80/90 wud hold n yield retreat later.

Exit short n stand aside. Only below 0.8265/75
wud indicate recovery is over, 0.8239 1st...

Range Forecast
0.8305 / 0.8345

Resistance/Support

R: 0.8339/0.8381/0.8414
S: 0.8239/0.8196/0.8156


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