AUD Trading Outlook (12-04-2016)

Trade AUD/USD Intraday: expect 0.7685.

Pivot: 0.7520

Our preference: long positions above 0.7520 with targets @ 0.7635 & 0.7685 in extension.

Alternative scenario: below 0.7520 look for further downside with 0.7490 & 0.7455 as targets.

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

Supports and resistances:
0.7725
0.7685
0.7635
0.7595 Last
0.7520
0.7490
0.7455

Ticker : AUD
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