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*************************************************** Update Time: 03 Oct 2008 14:18GMT DAILY AUD/USD OUTLOOK - 0.7730 Although aussie's anticipated retreat has justi- fied our bearishness n weakness twds 0.7698 sup is likely, break there is needed to confirm recent dec line has resumed n extend to 0.7650/55 but loss of momentum shud keep price abv 0.7620/23. Wud be prudent to exit short n stand aside. Abv 0.7800 wud prolong consolidation, 0.7820 n 0.7845.. Rate:
Filed under: Technical
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