INTRA-DAY AUD/USD OUTLOOK :      +0.6970+

Updating time :08 Jan 2009 08:37 GMT

A$'s intra-day selloff signals decline fm 0.7270
(y'day's high) to retrace recent upmove remains in
progress n further fall to 0.6940/50 is envisaged,
however, o/sold condition shud prevent sharp move
below there n reckon 0.6915 wud hold.

Lower short entry with stop as indicated, break
wud risk gain twd 0.7070/80 b4 down...

Range Forecast
+0.6940 / 0.6990+

Resistance/Support

R: 0.7027/0.7093/0.7140
S: 0.6915/0.6850/0.6795