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INTRA-DAY AUD/USD OUTLOOK by AceTrader
INTRA-DAY AUD/USD OUTLOOK : 0.7222
Updating time :07 Jan 2009 04:17 GMT
Despite aussie's rebound fm 0.7188, a breach of
0.7269 (y'day's high) is needed to confirm recent
upmove has once again resumed n yield further sub-
sequent gain twds 0.7300 b4 prospect of a retreat
due to loss of momentum.
Below 0.7188 wud signal a temp. top is made n
bring retrace. twds 0.7148. Stand aside for now...
Range Forecast 0.7200 / 0.7235
Resistance/Support
R: 0.7269/0.7300/0.7322
S: 0.7188/0.7148/0.7118
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