AUD Trading Outlook (13-08-2015)

AUDUSD

Pivot: 0.7325

Likely Scenario: Long positions above 0.7325 with targets @ 0.743 & 0.749 in extension.

Alternative scenario: Below 0.7325 look for further downside with 0.7275 & 0.721 as targets.

Comment: The RSI is well directed.

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