AUD Trading Outlook (14-07-2015)
AUDUSD
Pivot: 0.744
Likely scenario: Short positions below 0.744 with targets @ 0.738 & 0.735 in extension.
Alternative scenario: Above 0.744 look for further upside with 0.7465 & 0.75 as targets.
Comment: As long as 0.744 is resistance, look for choppy price action with a bearish bias.
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