AUD Trading Outlook (05-01-2016)

AUD/USD Intraday: the downside prevails.

Pivot: 0.7245

Our preference: short positions below 0.7245 with targets @ 0.715 & 0.711 in extension.

Alternative scenario: above 0.7245 look for further upside with 0.727 & 0.73 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:
0.73 **
0.727 **
0.7245 ***
0.7181 Last
0.715 ***
0.711 **
0.7095 ***

 

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.