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AUD/USD Intra-day signal by AceTrader

Discussion in 'Technical Analysis' started by acetraderfx, Nov 26, 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 :
    0.9690

    Last Update At 26 Nov 2010 07:07 GMT

    A$'s intra-day resumption of recent decline fm
    this mth's 28-yr high at 1.0183 to 0.9676 suggests
    downside bias is seen for further weakness to daily
    chart obj. after consolidation but nr term o/sold
    condition wud prevent steep fall n risk correction.

    Trade fm short side with stop as indicated, abv
    wud risk stronger gain twd 0.9730/40 b4 down...

    Range Forecast
    0.9660 / 0.9700

    Resistance/Support
    R: 0.9708/0.9733/0.9761
    S: 0.9676/0.9651/0.9601
     
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