Thread: Intraday Trading Signal By Acetrader.com : Aud/usd

INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.7870

Last Update At 27 May 2009 00:18 GMT

Despite aussie's breach of 0.7868, subsequent
retreat fm 0.7888 suggests minor consolidation
below there is seen in Asia n pullback to 0.7845/50
cannot be ruled out, however, 0.7826 (prev. res)
shud limit downside n bring rebound later.

Exit long n look to buy again on further fall
as only abv 0.7888 wud extend upmove to 0.7910/20.

Range Forecast
0.7855 / 0.7885

Resistance/Support
R: 0.7921/0.8000/0.8020
S: 0.7826/0.7774/0.7746

http://www.acetraderfx.com

Precise identification, very well.