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Intra-day forex trading signal for AUD/USD by AceTrader :
Rate: 0.6985
Updating time : 24 Mar 2009 15:03 GMT
As aussie has rebounded after meeting renewed
buying at 0.6962, suggesting pullback fm 0.7095 has
ended n upside bias is seen for gain twd 0.7040/50,
however, abv 0.7074 is needed to confirm n yield
re-test of said res later.
Buy on dips with stop below there, break wud
abort n risk retrace. of recent upmove twd 0.6934..
Range Forecast
0.6980 / 0.7020
Resistance/Support
R: 0.7074/0.7095/0.7132
S: 0.6962/0.6934/0.6900
Rate: 0.6985
Updating time : 24 Mar 2009 15:03 GMT
As aussie has rebounded after meeting renewed
buying at 0.6962, suggesting pullback fm 0.7095 has
ended n upside bias is seen for gain twd 0.7040/50,
however, abv 0.7074 is needed to confirm n yield
re-test of said res later.
Buy on dips with stop below there, break wud
abort n risk retrace. of recent upmove twd 0.6934..
Range Forecast
0.6980 / 0.7020
Resistance/Support
R: 0.7074/0.7095/0.7132
S: 0.6962/0.6934/0.6900
