AUD Trading Outlook (29-07-2015)

Intraday Technical Strategy

AUD/USD Intraday: key resistance at 0.734.
Pivot 0.7340
Our preference 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 As long as 0.734 is resistance, likely decline to 0.7255.
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