AUD Trading Outlook (29-01-2016)

AUD/USD Intraday: the bias remains bullish.
Pivot: 0.703

Our preference: long positions above 0.703 with targets @ 0.7125 & 0.715 in extension.

Alternative scenario: below 0.703 look for further downside with 0.699 & 0.696 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
0.7175
0.715
0.7125
0.7081 Last
0.703
0.699
0.696

Ticker : AUD
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