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Forex Market Outlook on Minors/Crosses

Tue, Mar 16 2010, 03:27 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9139

Last Update At 16 Mar 2010 02:29 GMT

Although aud's recovery fm 0.9119 suggests furth
er consolidation abv o/n low at 0.9096 wud be seen,
as recent upmove has formed y'day at 0.9209, reckon
0.9145/50 wud cap present bounce n yield another
fall to 0.9100 but 0.9096 wud hold in Asia.

Hold short with stop as indicated n only break
of 0.9193 wud risk possible re-test of said high.


Range Forecast
0.9119 / 0.9145


Resistance/Support

R: 0.9162/0.9193/0.9209
S: 0.9096/0.9056/0.9040


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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