DAILY AUD/USD OUTLOOK - 0.9215
22 Jul 2013 07:18GMT
Aussie’s intra-day rebound fm 0.9172 (NZ) suggests the pullback fm Fri’s high at 0.9235 has ended there n consolidation inside recent established range of 0.9138-0.9292 broad range wud continue with upside bias but said res wud hold fm here.
Buy on dips with stop initially below 0.9138 sup, break wud risk stronger retrace. to 0.9086.
STRATEGY : Buy at 0.9180
OBJECTIVE : 0.9260
STOP-LOSS : 0.9135
RES : 0.9235/0.9292/0.9306
SUP : 0.9138/0.9122/0.9086