AUD Trading Outlook (12-02-2016)

AUD/USD Intraday: caution.

Pivot: 0.7115

Our preference: short positions below 0.7115 with targets @ 0.7020 & 0.6970 in extension.

Alternative scenario: above 0.7115 look for further upside with 0.7150 & 0.7170 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
0.7170 **
0.7150 ***
0.7115 ***
0.7106 Last
0.7020 ***
0.6970 ***
0.6930 *

Ticker : AUD
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