AUD Trading Outlook (30-07-2015)

AUDUSD

Pivot: 0.7325

Likely scenario: Short positions below 0.7325 with targets @ 0.7285 & 0.7255 in extension.

Alternative scenario: Above 0.7325 look for further upside with 0.735 & 0.738 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.7325.

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