AUD Trading Outlook (24-02-2016)

AUD/USD Intraday: turning down.

Pivot: 0.7230

Our preference: short positions below 0.7230 with targets @ 0.7155 & 0.7130 in extension.

Alternative scenario: above 0.7230 look for further upside with 0.7255 & 0.7275 as targets.

Comment: the RSI is badly directed.

Supports and resistances:
0.7275
0.7255
0.7230
0.7192 Last
0.7155
0.7130
0.7095

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