AUD Trading Outlook (23-12-2015)

AUD/USD

Pivot: 0.7185

Our preference: long positions above 0.7185 with targets @ 0.725 & 0.728 in extension.

Alternative scenario: below 0.7185 look for further downside with 0.715 & 0.711 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
0.7315 ***
0.728 ***
0.725 ***
0.723 Last
0.7185 **
0.715 ***
0.711 ***

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