AUD Trading Outlook (07-10-2015)

AUDUSD

Pivot: 0.71

Likely scenario: Long positions above 0.71 with targets @ 0.721 & 0.723 in extension.

Alternative scenario: Below 0.71 look for further downside with 0.705 & 0.702 as targets.

Comment: The RSI advocates for further upside.

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