AUD Trading Outlook (07-08-2015)

Intraday Technical Strategy

AUD/USD Intraday: under pressure.
Pivot 0.7365
Our preference Short positions below 0.7365 with targets @ 0.73 & 0.726 in extension.
Alternative scenario Above 0.7365 look for further upside with 0.739 & 0.743 as targets.
Comment The RSI lacks upward momentum.
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