AUD Trading Outlook (06-04-2016)
AUD/USD Intraday: key resistance at 0.7570.
Pivot: 0.7570
Our preference: short positions below 0.7570 with targets @ 0.7505 & 0.7475 in extension.
Alternative scenario: above 0.7570 look for further upside with 0.7605 & 0.7645 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
0.7645
0.7605
0.7570
0.7524 Last
0.7505
0.7475
0.7440