Intraday Trading Signal By Acetrader.com : Aud/usd - Forex Forum

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> Intraday Trading Signal By Acetrader.com : Aud/usd
AcetraderFX
post May 5 2009, 8:48
Post


INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD : 0.7405


Last Update At 05 May 2009 06:53 GMT

Failure to penetrate 0.7427 (Asian high) n A$'s
subsequent retreat suggest further consolidation
below there is seen n risk is for weakness to
0.7378 but break is needed for correction of recent
upmove to 0.7340/50.

Exit intra-day long n stand aside as only abv
0.7427 wud bring another rise to 0.7450/60...

Range Forecast
0.7390 / 0.7420

Resistance/Support
R: 0.7427/0.7475/0.7511
S: 0.7378/0.7314/0.7293

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