AUD Trading Outlook (21-08-2015)
AUDUSD
Pivot: 0.734
Likely scenarios: Short positions below 0.734 with targets @ 0.728 & 0.7255 in extension.
Alternative scenario: Above 0.734 look for further upside with 0.736 & 0.739 as targets.
Comment: As long as 0.734 is resistance, look for choppy price action with a bearish bias.
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