EUR Trading Outlook (13-06-2014)

AUD/USD Intraday: towards 0.948.

Pivot

0.9400

Our preference

Long positions above 0.94 with targets @ 0.946 & 0.948 in extension.

Alternative scenario

Below 0.94 look for further downside with 0.9365 & 0.9335 as targets.

Comment

The immediate trend remains up and the momentum is strong.

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