AUD Trading Outlook (24-03-2016)
AUD/USD Intraday: towards 0.7475.
Pivot: 0.7570
Our preference: short positions below 0.7570 with targets @ 0.7475 & 0.7445 in extension.
Alternative scenario: above 0.7570 look for further upside with 0.7610 & 0.7650 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
0.7650
0.7610
0.7570
0.7498 Last
0.7475
0.7445
0.7410