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Forex Market Outlook on Minors/Crosses

Thu, Mar 11 2010, 03:21 GMT

AceTrader  |  View company's profile

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9129

Last Update At 11 Mar 2010 02:32 GMT

As intra-day selloff in nzd has dragged aussie
lower n present breach of o/n 0.9126 reaction low,
signaling recent rise has formed a temp. top y'day
at 0.9193 (NY) n consolidation with downside bias
is seen for a retrace. twd 0.9085/90.

Trade fm short side with stop now as indicated
n only abv 0.9160/65 wud bring rebound to 0.9180.



Range Forecast
0.9110 / 0.9140


Resistance/Support

R: 0.9164/0.9193/0.9211
S: 0.9085/0.9056/0.9040


Trendsetter Financial Markets Ltd. | Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com

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