AUD Trading Outlook (15-12-2015)

 

AUD/USD

Pivot: 0.724

Likely scenario: short positions below 0.724 with targets @ 0.715 & 0.713 in extension.

Alternative scenario: above 0.724 look for further upside with 0.727 & 0.731 as targets.

Comment: the RSI is mixed to bearish.

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