acetraderfx
AceTrader.com Representative
- Messages
- 1,109
DAILY AUD/USD OUTLOOK - 1.0547
12 Apr 2013 07:03GMT
Despite y'day's 'erratic' rise to a fresh 2-1/2 month high of 1.0583, as long as 2013 top at 1.0599 (Jan) holds, prospect of a retrace. of early upmove fm 1.0116 remains, below 1.0500 confirms temporary high is made n yields retracement twd 1.0474.
Hold short n only abv key res 1.0625 (Sep 12') wud extend MT uptrend to 1.0650/60 later next week.
STRATEGY : Hold short
POSITION : Short at 1.0565
OBJECTIVE : 1.0480
STOP-LOSS : 1.0585
RES : 1.0583/1.0599/1.0625
SUP : 1.0500/1.0474/1.0448
12 Apr 2013 07:03GMT
Despite y'day's 'erratic' rise to a fresh 2-1/2 month high of 1.0583, as long as 2013 top at 1.0599 (Jan) holds, prospect of a retrace. of early upmove fm 1.0116 remains, below 1.0500 confirms temporary high is made n yields retracement twd 1.0474.
Hold short n only abv key res 1.0625 (Sep 12') wud extend MT uptrend to 1.0650/60 later next week.
STRATEGY : Hold short
POSITION : Short at 1.0565
OBJECTIVE : 1.0480
STOP-LOSS : 1.0585
RES : 1.0583/1.0599/1.0625
SUP : 1.0500/1.0474/1.0448