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

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