AUD Trading Outlook (13-01-2016)

AUD/USD Intraday: the upside prevails.

Pivot: 0.6965

Our preference: long positions above 0.6965 with targets @ 0.704 & 0.7065 in extension.

Alternative scenario: below 0.6965 look for further downside with 0.6935 & 0.6915 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:
0.7085 ***
0.7065 ***
0.704 ***
0.7003 Last
0.6965 ***
0.6935 ***
0.6915 **

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