AUD Trading Outlook (08-09-2015)
AUDUSD
Pivot: 0.699
Likely scenario: 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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