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Update Time: 20 Jan 2009 06:56GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6645+
Aud's rebound after intra-day selloff to 0.6582
suggests a temp. low has been made n consolidation
with upside bias is seen for gain twd 0.6648, abv
wud confirm n yield retrace. of recent decline twd
0.6685 b4 prospect of a retreat.
For st trade, hold long with stop now at break-
even, below wud abort n risk re-test of 0.6582...
Rate: +0.6645+
Strategy: +Target met+
Position: Long at 0.6602
Objective: 0.6645
Stop-Loss:
Resistance: 0.6648/0.6685/0.6736
Support: 0.6582/0.6537/0.6488
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Update Time: 20 Jan 2009 05:11GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - 117.13
Despite euro's anticipated resumption of recent
decline to 117.01, nr term loss of downward momen-
tum shud prevent sharp fall below said sup n reckon
116.70/80 wud hold, risk fm there has increased for
a corrective bounce later.
Wud be prudent to exit short n stand aside. Abv
117.44 (prev. sup) suggests temp. low made, 117.94.
Rate: 117.13
Strategy: Exit short
Position: Short at 117.53
Objective:
Stop-Loss:
Resistance: 117.94/118.48/118.82
Support: 116.57/116.24/115.87
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Update Time: 20 Jan 2009 05:12GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6592
Although aussie's anticipated weakness suggests
recent decline remains in progress n marginal fall
is likely, nr term loss of downward momentum shud
prevent steep fall fm here n daily 0.6537 sup shud
remain intact n risk has increased for a rebound.
Wud be prudent to exit short n look to sell on
recovery as 0.6648 wud limit upside...
Rate: 0.6592
Strategy: Exit short
Position: Short at 0.6622
Objective:
Stop-Loss:
Resistance: 0.6614/0.6648/0.6685
Support: 0.6537/0.6488/0.6425
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Update Time: 20 Jan 2009 06:56GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6645+
Aud's rebound after intra-day selloff to 0.6582
suggests a temp. low has been made n consolidation
with upside bias is seen for gain twd 0.6648, abv
wud confirm n yield retrace. of recent decline twd
0.6685 b4 prospect of a retreat.
For st trade, hold long with stop now at break-
even, below wud abort n risk re-test of 0.6582...
Rate: +0.6645+
Strategy: +Target met+
Position: Long at 0.6602
Objective: 0.6645
Stop-Loss:
Resistance: 0.6648/0.6685/0.6736
Support: 0.6582/0.6537/0.6488
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Update Time: 20 Jan 2009 05:11GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - 117.13
Despite euro's anticipated resumption of recent
decline to 117.01, nr term loss of downward momen-
tum shud prevent sharp fall below said sup n reckon
116.70/80 wud hold, risk fm there has increased for
a corrective bounce later.
Wud be prudent to exit short n stand aside. Abv
117.44 (prev. sup) suggests temp. low made, 117.94.
Rate: 117.13
Strategy: Exit short
Position: Short at 117.53
Objective:
Stop-Loss:
Resistance: 117.94/118.48/118.82
Support: 116.57/116.24/115.87
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Update Time: 20 Jan 2009 05:12GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6592
Although aussie's anticipated weakness suggests
recent decline remains in progress n marginal fall
is likely, nr term loss of downward momentum shud
prevent steep fall fm here n daily 0.6537 sup shud
remain intact n risk has increased for a rebound.
Wud be prudent to exit short n look to sell on
recovery as 0.6648 wud limit upside...
Rate: 0.6592
Strategy: Exit short
Position: Short at 0.6622
Objective:
Stop-Loss:
Resistance: 0.6614/0.6648/0.6685
Support: 0.6537/0.6488/0.6425
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