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

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