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INTRA-DAY AUD/USD OUTLOOK - 0.8547
Update Time: 05 Aug 2007 23:29 GMT
Although aussie has rebounded after intra-day
fall to 0.8521, abv 0.8580/85 is needed to signal
the retreat fm 0.8604 has ended, otherwise, further
choppy consolidation is in store n marginal fall to
0.8510/15 cannot be ruled out.
Incline to buy on next decline with stop as in-
dicated. Abv 0.8585 wud bring re-test of 0.8604...
Range Forecast
0.8525 / 0.8555
Resistance/Support
R: 0.8604/0.8616/0.8666
S: 0.8521/0.8492/0.8446
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Monday, August 6, 2007
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