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Forex Market Outlook on Minors/Crosses
Mon, Oct 5 2009, 07:40 GMT
AceTrader
I
NTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8738
Last Update At 05 Oct 2009 06:52 GMT
Although aud's breach of 0.8746 (Asia) signals
the rise fm Friday's low of 0.8568 to retrace last
wk's decline fm 0.8860 has resumed, current retreat
fm 0.8757 suggests consolidation is seen n pullback
twd 0.8709/14 cannot be ruled out b4 rebound.
Stand aside n look to buy on dips. Only abv said
res wud retain bullishness for gain to 0.8869/74.
Range Forecast
0.8720 / 0.8750
Resistance/Support
R: 0.8774/0.8815/0.8860
S: 0.8714/0.8677/0.8633
Published on
Mon, Oct 5 2009, 07:44 GMT
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