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AUD/USD Daily Market Outlook by AceTrader

Discussion in 'Technical Analysis' started by acetraderfx, Dec 12, 2010.

  1. acetraderfx

    acetraderfx Content Contributor <img src="http://www.einvestor

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    INTRADAY TRADING SIGNAL BY ACETRADER.COM: AUD/USD

    AUD/USD :
    0.9840

    Last Update At 13 Dec 2010 02:50 GMT

    Despite A$'s recovery after marginal weakness be
    low 0.9838 to 0.9834, as Friday's sharp retreat fm
    0.9898 signals nr term rise fm 0.9752 has formed a
    temp. top, outlook remains mildly bearish for ano-
    ther corrective fall twd 0.9811 b4 rebound occurs.

    Hold short n only abv 0.9875/80 wud indicate an
    intra-day low is made, risk re-test of 0.9898.

    Range Forecast
    0.9834 / 0.9857

    Resistance/Support
    R: 0.9898/0.9938/0.9966
    S: 0.9825/0.9811/0.9777
     
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