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  DAILY FOREX MARKET OUTLOOK ON MINORS/CROSSES BY ACETRADER

*Last Updated January 12, 2006, 4:39 pm
Daily report by Acetrader

Website: http://www.acetrader.com
Email: query@acetrader.com


 FOREX MARKET OUTLOOK ON MINORS/CROSSES


Update Time: 13 Jan 2006 00:20 GMT

DAILY NZD/USD OUTLOOK: 0.6933

Y'day's euro-led retreat fm 0.6997 signals a top has possibly been formed but break of 0.6901 needed to confirm n bring correction to 0.6860/65 next wk.

Abv 0.6970 wud bring marginal gain to 0.7000/10 b4 prospect of another strg pullback. Stand aside..

Resistance/Support
R: 0.6997/0.7010/0.7051
S: 0.6901/0.6832/0.6781


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