Thursday, February 11, 2010

INTRADAY TRADING SIGNAL BY AUD/USD

Aud's intra-day rally to 0.8893 after early re-
lease of stronger-than-expected jobs report signals
recent erratic upmove fm 0.8578 remains in force n
gain twd 0.8900 is envisaged, however, o/bot condi-
tion is expected to cap price below res at 0.8916.
Raise long entry for this move n only below 0.87
98 (prev. res) confirms top is in place.


Range Forecast
0.8865 / 0.8900
Resistance/Support
R: 0.8900/0.8916/0.8964
S: 0.8850/0.8798/0.8780

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