AUD Trading Outlook (22-12-2015)

AUD/USD

Pivot: 0.715

Our preference: long positions above 0.715 with targets @ 0.72 & 0.7235 in extension.

Alternative scenario: below 0.715 look for further downside with 0.711 & 0.709 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:
0.728 ***
0.7235 ***
0.72 ***
0.7186 Last
0.715 ***
0.711 ***
0.709 ***

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