AUD Trading Outlook (10-09-2015)

AUDUSD

Pivot: 0.703

Likely scenario: Short positions below 0.703 with targets @ 0.695 & 0.692 in extension.

Alternative scenario: Above 0.703 look for further upside with 0.7065 & 0.71 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

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