AUD Trading Outlook (18-01-2016)

AUD/USD ST: the downside prevails

Pivot: 0.7195

Our preference: short positions below 0.7195 with targets @ 0.665 & 0.635 in extension.

Alternative scenario: above 0.7195 look for further upside with 0.739 & 0.753 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
0.753 ***
0.739 ***
0.7195 ***
0.6856 Last
0.665 ***
0.635 **
0.6125 ***

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.