Forex Daily Outlook on Minors: February 1, 2013

DAILY AUD/USD OUTLOOK – 1.0405 01 Feb 2013 02:08GMT… As A$’s has retreated again after meeting renewed selling interest at 1.0446 n intra-day downside bias remains to re-test y’day’s 1.0380 low, break wud extend weakness marginally but sup 1.0345 wud hold n yield rebound due to loss of momentum. In view of present downside risk, exit long as only abv 1.0446/52 brings further gain to 1.0477. STRATEGY :

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