[B]DAILY AUD/USD OUTLOOK - 0.9488
19 Jun 2013 04:53GMT [/B]
Although aud’s erratic decline fm 0.9665 signals 1st leg of correction fm last Tue’s 2-1/2 year low
at 0.9325 has ended, intra-day bounce fm 0.9435 suggests consolidation with upside bias is in store,
abv 0.9516 wud extend gain twd 0.9574 later.
Turn long for this move n only below 0.9429 risks marginal fall but 0.9393 shud hold, yield rebound.
STRATEGY : Buy at 0.9460
OBJECTIVE : 0.9560
STOP-LOSS : 0.9425
RES : 0.9516/0.9574/0.9641
SUP : 0.9435/0.9393/0.9325