AUD Trading Outlook (20-07-2015)

AUDUSD

Pivot: 0.7385

Likely scenario: Short positions below 0.7385 with targets @ 0.73 & 0.7275 in extension.

Alternative scenario: Above 0.7385 look for further upside with 0.7405 & 0.7435 as targets.

Comment: The RSI is capped by a declining trend line.

20-7-15 - aud 2

 

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