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AceTraderFx's Commentaries

Mar 12 2010

AUD/USD Daily Market Outlook by AceTrader

by AceTraderFx
Overall Rating: Average rating is: 0 stars.

Forex signal: Trade fm long side with now as indicated, break
wud prolong choppy trading n risk 0.9111 again. http://www.acetraderfx.com

INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9165

Last Update At 12 Mar 2010 09:09 GMT

As aussie has risen again after finding renewed
buying around 0.9150/54, suggesting upside bias is
still seen for re-test of Wednesday's high of 0.91
93 n abv wud extend recent erratic upmove fm 0.8578
to 0.9200 but reckon 0.9224 wud cap upside.

Trade fm long side with now as indicated, break
wud prolong choppy trading n risk 0.9111 again.


Range Forecast
0.9155 / 0.9193


Resistance/Support
R: 0.9193/0.9224/0.9255
S: 0.9140/0.9111/0.9086

 



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