AceTraderForex July 30, 2013 : Outlook on Minors/Crosses AUD/USD


DAILY AUD/USD OUTLOOK - 0.9068
30 Jul 2013 07:06GMT

Aussie’s selloff after dovish comments fm RBA’s
Stevens confirms the correction fm Jul’s 34-mth low
at 0.8998 has ended earlier at 0.9320 n consolida-
tion with downside bias wud be seen for fall twds
said sup, below wud extend downtrend to 0.8950.

Sell on recovery with stop as indicated, break
wud risk stronger gain to 0.9190/00.

STRATEGY : Sell at 0.9110

OBJECTIVE : 0.9000

STOP-LOSS : 0.9150

RES : 0.9129/0.9161/0.9227

SUP : 0.9036/0.8998/0.8950