acetraderfx
AceTrader.com Representative
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DAILY AUD/USD OUTLOOK - 1.0425
05 Apr 2013 07:03GMT
Despite aud's retreat fm y'day's NY high at 1.0455 to 1.0400 in Asia, subsequent recovery suggests consolidation inside broad range of 1.0386-1.0498 is seen n gain to 1.0438/40 cannot be ruled out, however, 1.0454/55 res shud cap upside.
On the downside, only below 1.0386 sup wud confirm fall fm 1.0498 has resumed, 1.0363.
STRATEGY : Stand aside
FORECAST : 1.0400 / 1.0440
RES : 1.0438/1.0455/1.0498
SUP : 1.0400/1.0386/1.0363
05 Apr 2013 07:03GMT
Despite aud's retreat fm y'day's NY high at 1.0455 to 1.0400 in Asia, subsequent recovery suggests consolidation inside broad range of 1.0386-1.0498 is seen n gain to 1.0438/40 cannot be ruled out, however, 1.0454/55 res shud cap upside.
On the downside, only below 1.0386 sup wud confirm fall fm 1.0498 has resumed, 1.0363.
STRATEGY : Stand aside
FORECAST : 1.0400 / 1.0440
RES : 1.0438/1.0455/1.0498
SUP : 1.0400/1.0386/1.0363