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Forex Market Outlook on Minors/Crosses

Mon, Mar 15 2010, 09:04 GMT

AceTrader  |  View company's profile

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9136

Last Update At 15 Mar 2010 09:01 GMT

As aussie has retreated after meeting renewed
selling around 0.9160/65, suggesting recovery fm
0.9129 has ended n consolidation with downside bias
remains for intra-day fall fm 0.9209 (NZ/AUD) to
retrace recent upmove to extend to 0.9111.

Trade fm short side with stop now at breakeven,
abv wud risk 0.9180/85 b4 'down'.


Range Forecast
0.9115 / 0.9155


Resistance/Support

R: 0.9209/0.9224/0.9255
S: 0.9111/0.9086/0.9056


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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Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
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