AUD Trading Outlook (21-08-2015)

Intraday Technical Strategy

AUD/USD Intraday: under pressure.
Pivot 0.7360
Our preference Short positions below 0.736 with targets @ 0.728 & 0.7255 in extension.
Alternative scenario Above 0.736 look for further upside with 0.739 & 0.741 as targets.
Comment The RSI is bearish and calls for further decline.
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