AUD Trading Outlook (08-07-2015)
AUDUSD
Pivot: 0.7395
Likely scenario: Long positions above 0.7395 with targets @ 0.75 & 0.7535 in extension.
Alternative scenario: Below 0.7395 look for further downside with 0.735 & 0.729 as targets.
Comment: Intraday technical indicators are mixed and call for caution.
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