AUD Trading Outlook (26-02-2016)
AUD/USD Intraday: the upside prevails.
Pivot: 0.7190
Our preference: long positions above 0.7190 with targets @ 0.7255 & 0.7275 in extension.
Alternative scenario: below 0.7190 look for further downside with 0.7160 & 0.7140 as targets.
Comment: the RSI is supported by a rising trend line.
Supports and resistances:
0.7300
0.7275
0.7255
0.7235 Last
0.7190
0.7160
0.7140