Forex Market Outlook on Minors/Crosses
July 8th, 2009
I NTRADAY TRADING SIGNAL BY ACETRADER.COM : AUD/USD : 0.7810 Last Update At 09 Jul 2009 02:30 GMT Although aussie has rebounded after o/n selloff to 0.7723 n consolidation with mild upside bias is seen, this move looks corrective reckon 0.7840/50 wud limit gain n yield another fall later. Stand aside n hold short for day trade. Below 0.7755 (Aust.) wud signal recovery is over n bring resumption of recent decline to re-test 0.7723 1st. Range Forecast 0.7795 / 0.7825 Resistance/Support R:
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Tags: Aussie, Bias, Consolidation, Crosses, Decline, Forex Market, forex trading, Gmt, Market Outlook, Resistance, Resumption, Selloff, Signal Recovery
