AUD Trading Outlook (28-07-2015)
AUDUSD
Pivot: 0.734
Likely scenario: Short positions below 0.734 with targets @ 0.7255 & 0.723 in extension.
Alternative scenario: Above 0.734 look for further upside with 0.738 & 0.7415 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
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