Forex | Trading Signals | Forex Market Outlook on Minors/Crosses (10/08/2009 03:27:06)

Forex Market Outlook on Minors/Crosses

I NTRADAY TRADING SIGNAL BY ACETRADER.COM : AUD/USD : 0.8395 Last Update At 10 Aug 2009 02:19 GMT Although A$ has rebounded fm 0.8329 (Aust.), this move is viewed as a correction of near term decline fm last week's top at 0.8471 n as long as 0.8420/25 holds, downside bias remains for another fall to said sup n then twd 0.8305. Sell at market with stop as indicated, abv pro- longs choppy trading n risks gain twd 0.8454. Range Forecast 0.8385 / 0.8420 Resistance/Support R: 0.8400/0.8454/0.8471


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