AUD/USD Intra-day signal by AceTrader

INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8681

Last Update At 18 Jun 2010 06:45 GMT

Despite aud’s intra-day brief rise to 0.8697,
subsquent retreat suggests choppy consolidation be-
low 0.8714 wud continue n weakness to 0.8650/55 can
not be ruled out, however, anticipated nr term o/
sold condition shud keep price abv 0.8605/10.

Exit long in view of downside risk. Abv 0.8714
wud extend upmove to 0.8727.

Range Forecast
0.8695 / 0.8720

Resistance/Support
R: 0.8711/0.8727/0.8789
S: 0.8605/0.8580/0.8562

Break of previous day lows?