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INTRA-DAY AUD/USD OUTLOOK by AceTrader
INTRA-DAY AUD/USD OUTLOOK : 0.6865
Updating time : 10 Nov 2008 01:53 GMT
Although aussie has retreated after intra-day
cross-inspired rally to 0.6930, as last Friday's
strg rebound fm 0.6545 signals correction fm 0.7015
has ended, reckon 0.6820/30 wud limit downside n
yield another rise, abv said res, 0.6960/70 later.
Raise long entry with stop as indicated n only
below 0.6789 (prev. res) aborts present bullishness
Range Forecast
0.6845 / 0.6885
Resistance/Support
R: 0.6930/0.6960/0.7015
S: 0.6789/0.6760/0.6642
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