AUD Trading Outlook (18-08-2015)
AUDUSD
Pivot: 0.732
Likely scenario: Long positions above 0.732 with targets @ 0.741 & 0.744 in extension.
Alternative scenario: Below 0.732 look for further downside with 0.727 & 0.7215 as targets.
Comment: The RSI lacks downward momentum.
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