AUD Trading Outlook (07-04-2016)

AUD/USD Intraday: further advance.

Pivot: 0.7555

Our preference: long positions above 0.7555 with targets @ 0.7645 & 0.7685 in extension.

Alternative scenario: below 0.7555 look for further downside with 0.7530 & 0.7510 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
0.7705
0.7685
0.7645
0.7601 Last
0.7555
0.7530
0.7510

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