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Forex Market Outlook on Minors/Crosses

Tue, Sep 8 2009, 00:55 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8559
Last Update At 07 Sep 2009 22:26 GMT

Aussie's sideways trading is likely to continue
in Asia after y'day's rise to a fresh year's high
at 0.8578 n abv said res wud extend marginally but
loss of momentum wud cap price at 0.8600/01 today n
yield correction later.

Below 0.8540/45 wud bring retrace. to 0.8500/05
but 0.8479 (prev. res, now sup) shud remain intact.

Range Forecast
0.8540 / 0.8570

Resistance/Support

R: 0.8578/0.8600/0.8638
S: 0.8505/0.8479/0.8460


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