AUD Trading Outlook (18-12-2015)
AUD/USD
Pivot: 0.7165
Our preference: short positions below 0.7165 with targets @ 0.7065 & 0.7035 in extension.
Alternative scenario: above 0.7165 look for further upside with 0.7215 & 0.7235 as targets.
Comment: the break below 0.7165 is a negative signal that has opened a path to 0.7065.
Supports and resistances:
0.7235 ***
0.7215 ***
0.7165 ***
0.7118 Last
0.7065 ***
0.7035 ***
0.7015 **