05-19-2010, 08:25 AM
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Superior Investor
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Join Date: Sep 2008
Posts: 11,435
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AUD/USD Daily Outlook
AUD/USD's fall extends further to as low as 0.8520 so far today. Intraday bias remains on the downside and further decline should be seen to 100% projection of 0.9324 to 0.8715 from 0.9077 at 0.8486 next. On the upside, above 0.8685 minor resistance will turn intraday bias neutral and bring recovery. But upside should be limited well below 0.9077 and bring fall resumption.
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