AUD Trading Outlook (08-09-2015)

Intraday Technical Strategy

AUD/USD Intraday: under pressure.
Pivot 0.6990
Our preference Short positions below 0.699 with targets @ 0.69 & 0.685 in extension.
Alternative scenario Above 0.699 look for further upside with 0.702 & 0.7065 as targets.
Comment As long as 0.699 is resistance, look for choppy price action with a bearish bias.
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