AUD Trading Outlook (25-08-2015)

AUDUSD

Pivot: 0.7155

Likely scenario: Long positions above 0.7155 with targets @ 0.728 & 0.732 in extension.

Alternative scenario: Below 0.7155 look for further downside with 0.711 & 0.704 as targets.

Comment: The RSI is mixed to bullish.

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