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Forex Market Outlook on Minors/Crosses

Fri, Oct 23 2009, 08:37 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9236
Last Update At 23 Oct 2009 08:31 GMT

Although aud's retreat after being capped below
0.9297 (Asia) suggests choppy trading inside near
term 0.9185-0.9330 range is seen n weakness twds
0.9200/10 cannot be ruled out, said lower indicated
sup shud hold n bring rebound later.

Abv 0.9260/70 may yield another bounce twd 0.92
97/99. As outlook is mixed, stand aside for now...

Range Forecast
0.9215 / 0.9250

Resistance/Support
R: 0.9299/0.9330/0.9363
S: 0.9202/0.9181/0.9146


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