AUD Trading Outlook (23-10-2015)

AUDUSD

Pivot: 0.7195

Likely scenario: Long positions above 0.7195 with targets @ 0.7275 & 0.7305 in extension.

Alternative scenario: Below 0.7195 look for further downside with 0.716 & 0.713 as targets.

Comment: The RSI is supported by a rising trend line.

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