[B]DAILY AUD/USD OUTLOOK - 1.0215[/B]
[B]28 Feb 2013 [/B] [B][I]22:00GMT[/I][/B]
Despite y’day’s intra-day rally to 1.0290, subsequent euro-led decline in NY signals correction fm Wed’s 4-1/2 month low at 1.0183 has ended n the MT fall fm 1.0599 (Jan) is likely to resume twd 1.0149 after consolidation but 1.0100 shud remain intact.
Turn short on recovery for this move n only abv1.0290 risks stronger retrace. to 1.0320/30 b4 down.
[B]STRATEGY[/B] : Sell at 1.0235
[B]OBJECTIVE[/B] : 1.0205
[B]STOP-LOSS[/B] : 1.0255
[B]FORECAST[/B] : 1.0205 / 1.0235
[B]RES[/B] : 1.0245/1.0270/1.0290
[B]SUP[/B] : 1.0183/1.0149/1.0100