Forex Market Outlook on Minors/Crosses
INTRA-DAY AUD/USD OUTLOOK : 0.6924 Updating time : 31 Dec 2008 06:47 GMT Despite aussie’s rebound fm Asian low at 0.6882, a break abv 0.6943 (y’day’s high) is needed to sig- nal nr term upmove fm 0.6755 has resumed, bring re- test of prev. res at 0.6969 n then 0.7000/10. Below 0.6882 wud yield another corrective fall to 0.6850 n then twds 0.6810/25. As outlook remains mixed, stand aside for now… Range Forecast 0.6910 / 0.6940 Resistance/Support R: