AUD Trading Outlook (16-07-2015)

 

AUDUSD

Pivot: 0.741

Likely scenario: Short positions below 0.741 with targets @ 0.733 & 0.73 in extension.

Alternative scenario: Above 0.741 look for further upside with 0.743 & 0.747 as targets.

Comment: The pair has broken below a rising trend line.

16-7-15 AUD

 

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