INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8797

Last Update At 04 Feb 2010 09:26 GMT


Despite aud's bounce fm 0.8772, as price has
retreated after meeting renewed selling around 0.88
20/30, suggesting recovery has possibly ended there
n downside bias remains for marginal weakness below
said sup but reckon 0.8745/50 wud hold.

Lower short entry with stop as indicated, abv
wud prolong choppy trading n risk 0.8860/65.

Range Forecast
0.8775 / 0.8805

Resistance/Support
R: 0.8842/0.8884/0.8916
S: 0.8772/0.8735/0.8714