AUD Trading Outlook (09-07-2015)

AUDUSD

Pivot: 0.74

Likely scenario: Long positions above 0.74 with targets @ 0.75 & 0.7535 in extension.

Alternative scenario: Below 0.74 look for further downside with 0.737 & 0.733 as targets.

Comment: The RSI calls for a new upleg.

 

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