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Forex Market Outlook on Minors/Crosses

Mon, Sep 14 2009, 08:22 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8586
Last Update At 14 Sep 2009 07:49 GMT

Although aud has rebounded after marginal weak-
ness to 0.8544 n consolidation is seen, abv 0.8607
(prev. sup) is needed to suggests correction fm
Friday's '09 high at 0.8677 has possibly n yield
subsequent gain twd 0.8640 (Aust.).

Stand aside n hold long for day trade. Below
said sup wud defer n risk retrace. twd 0.8520/25.

Range Forecast
0.8560 / 0.8600

Resistance/Support

R: 0.8607/0.8640/0.8677
S: 0.8544/0.8505/0.8479


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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