Intra-day trading signal for AUD/USD by AceTrader

Rate: +0.6392+

Updating time : 05 Mar 2009 06:34 GMT

Aussie's strg retreat to 0.6412 suggests the
corrective rise fm 0.6285 has formed a temp. top
at 0.6527 y'day, choppy trading wud be seen but as
long as 0.6404 (prev. res) holds, another rebound
is still envisaged later today.

Reinstate long on dips with stop as indicated,
break wud abort n extend weakness to 0.6370....

Range Forecast
0.6412 / 0.6445

Resistance/Support

R: 0.6527/0.6555/0.6619
S: 0.6404/0.6370/0.6334