AUD Trading Outlook (10-08-2015)
AUDUSD
Pivot: 0.7355
Likely scenario: Long positions above 0.7355 with targets @ 0.743 & 0.745 in extension.
Alternative scenario: Below 0.7355 look for further downside with 0.7335 & 0.7315 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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