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INTRADAY AUD/USD TRADING SIGNAL BY ACETRADER.COM

By:

AceTrader

2009-03-07

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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: +0.7945+

Last Update At 03 Jul 2009 00:50 GMT

Although aud has remained under pressure in Aus-
tralia after o/n selloff due to very weak U.S. pay-
roll report, o/sold condition is likely to limit
weakness to 0.7890/00 n bring recovery.

Still favour selling on pullback for this move n
exit on decline as minor sup at 0.7853 shud hold
in Asia. Only abv 0.7984 signals temp. low, 0.8024.

Range Forecast
+0.7910 / 0.7945+

Resistance/Support
R: 0.7984/0.8024/0.8109
S: 0.7895/0.7853/0.7790

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