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GBP Trading Outlook (06-11-2015)

Intraday Technical Strategy

AUD/USD Intraday: the downside prevails.
Pivot 0.7175
Our preference Short positions below 0.7175 with targets @ 0.712 & 0.709 in extension.
Alternative scenario Above 0.7175 look for further upside with 0.72 & 0.7225 as targets.
Comment As long as the resistance at 0.7175 is not surpassed, the risk of the break below 0.712 remains high.
Back to GBP Trading Outlook Archive

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