EUR Trading Outlook (02-06-2014)

Intraday Technical Strategy

AUD/USD Intraday: bullish bias above 0.9265.

Pivot

0.9265

Our preference

Long positions above 0.9265 with targets @ 0.933 & 0.934 in extension.

Alternative scenario

Below 0.9265 look for further downside with 0.924 & 0.9205 as targets.

Comment

The RSI is mixed.

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