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INTRA-DAY AUD/USD OUTLOOK by AceTrader
INTRA-DAY AUD/USD OUTLOOK : 0.7064
Updating time : 17 Dec 2008 23:07 GMT
Although aussie has traded with a firm under-
tone after y'day's rise to 0.7055 n marginal gain
abv 0.7080 (Aust.) cannot be ruled out, loss of
momentum shud prevent strg move abv 0.7100 in Asia
n yield pullback later.
Stand aside n look to buy on dips as only be-
low 0.7011 wud risk retreat to 0.6965/70...
Range Forecast
0.7040 / 0.7080
Resistance/Support
R: 0.7127/0.7150/0.8200
S: 0.7011/0.6965/0.6922
http://www.acetraderfx.com
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