AceTraderforex Sept 10 : Daily Market Outlook on Minor AUD/USD

[B]DAILY AUD/USD OUTLOOK - 0.9264[/B]
10 Sep 2013 [I]04:29GMT[/I]

Y’day’s breach of 0.9234 res signals another leg of rise fm Aug’s near 3-year low at 0.8848 has taken place n a stronger retrace. of intermediate decline fm 1.0386 to 0.9265/70 n possibly twds 0.92 95 is likely but 0.9320 res wud cap upside.

Buy again on dips n only below 0.9154 wud defer  n risk pullback to 0.9115 sup. 

[B]STRATEGY :[/B] Buy at 0.9225

[B]OBJECTIVE :[/B] 0.9310

[B]STOP-LOSS :[/B] 0.9185

[B]RES :[/B] 0.9295/0.9320/0.9345

[B]SUP :[/B] 0.9188/0.9154/0.9115

[B]DAILY AUD/USD OUTLOOK[/B] - 0.9262
[B]05 May 2014[/B] [I] 01:50GMT[/I]

Despite Fri’s brief drop to 0.9204, subsequent
strong rebound due to dlr’s broad-based weakness
suggest erratic decline from Apr’s 4-1/2 month peak at
0.9461 has formed a temp. low there n gain to 0.9313/18
is envisaged, above, 0.9345/50.

Turn long long on dips with stop initially below
said sup, break would risk one more fall to 0.9155.