Tuesday, June 3, 2008

AUSSIE ROSE EXPECTED BETWEEN (40.20-41.10).

Australia's currency rose from a three- week low after government data showed the economy grew at twice the pace economists expected last quarter.

TECH VIEW:
AUD is expected to be on mixed note for the day. the trading range is expected between 0.9474-0.9585 levels. currency lends its support at 0.9468 levels and holds resistance at 0.9590 levels. momentum seen in neutral territory .stochastic hints for upward movement of the currency for the day.

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