AUD Trading Outlook (24-07-2015)

 

AUDUSD

Pivot: 0.734

Likely scenario: Short positions below 0.734 with targets @ 0.7265 & 0.723 in extension.

Alternative scenario: Above 0.734 look for further upside with 0.738 & 0.7415 as targets.

Comment: The RSI has broken down its 30 level.

aud2

 

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