Forex Market Outlook on Minors/Crosses
Tuesday, August 17, 2010
, Posted by Usman Ali Minhas at 3:13 AM
International Trading
INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9025Last Update At 17 Aug 2010 08:25 GMTAs aud has continued to trade with a firm under-tone,
suggesting upside bias remains for early risefm 0.8858
(y'day's low) to retrace recent declineto extend gain to 0.9035
n 0.9058 but reckon 0.9084wud cap upside due to nr term
loss of momentum. Buy on dips dips with stop as indicated, belowwud risk
stronger pullback twd 0.8945 (AUS)...Range Forecast
0.9005 / 0.9035Resistance/Support
R: 0.9035/0.9058/0.9084
S: 0.8945/0.8890/0.8858
