Sunday, 18 October 2009

New update

Although A$ has recovered after the selloff to0.7198 (Aust.) n minor consolidation is seen, astemp. top has been formed y'day at 0.7328, reckon0.7250/60 wud limit upside n bring retracement ofrecent upmove to 0.7198 n then 0.7150/60.Sell on pullback with stop as indicated, abv wuddefer n risk gain to 0.7300/02...Range Forecast0.7220 / 0.7260Resistance/SupportR: 0.7302/0.7328/0.7360S: 0.7198/0.7187/0.7150

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