INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD :+0.7819+

Last Update At 25 May 2009 05:24 GMT

Although aussie's retreat fm last Friday's high
at 0.7868 suggests a temporary top has been formed
n further consolidation below there is seen, this
move is viewed as a minor correction n as long as
0.7773 holds, prospect of a rebound still remains.

Remain as cautious buyer for 0.7835, abv brings
re-test of said res. Below 0.7773 risks 0.7750/55..

Range Forecast
+0.7800 / 0.7835+

Resistance/Support

R: 0.7836/0.7868/0.7900
S: 0.7773/0.7744/0.7700