AUD Trading Outlook (30-03-2016)
AUD/USD Intraday: the upside prevails.
Pivot: 0.7565
Our preference: long positions above 0.7565 with targets @ 0.7645 & 0.7680 in extension.
Alternative scenario: below 0.7565 look for further downside with 0.7535 & 0.7510 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
0.7700
0.7680
0.7645
0.7632 Last
0.7565
0.7535
0.7510