AUD Trading Outlook (03-08-2015)

AUDUSD

Pivot: 0.728

Likely scenario: Long positions above 0.728 with targets @ 0.7335 & 0.7365 in extension.

Alternative scenario: Below 0.728 look for further downside with 0.726 & 0.723 as targets.

Comment: The RSI is mixed to bullish.

 

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