AUD Trading Outlook (02-02-2016)

AUD/USD Intraday: the upside prevails.

Pivot: 0.706

Our preference: long positions above 0.706 with targets @ 0.714 & 0.7175 in extension.

Alternative scenario: below 0.706 look for further downside with 0.703 & 0.7 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
0.721 **
0.7175 **
0.714 *
0.7107 Last
0.706 *
0.703 **
0.7 *

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.