AUD Trading Outlook (20-08-2015)

Intraday Technical Strategy

AUD/USD Intraday: the upside prevails.
Pivot 0.7310
Our preference Long positions above 0.731 with targets @ 0.7365 & 0.739 in extension.
Alternative scenario Below 0.731 look for further downside with 0.728 & 0.7255 as targets.
Comment The RSI lacks downward momentum.
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