AUD Trading Outlook (06-07-2015)

AUDUSD

Pivot: 0.7535

Likely scenario: Short positions below 0.7535 with targets @ 0.745 & 0.74 in extension.

Alternative scenario: Above 0.7535 look for further upside with 0.7595 & 0.765 as targets.

Comment: As long as 0.7535 is resistance, likely decline to 0.745.

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