AUD Trading Outlook (22-09-2015)

AUDUSD

Pivot: 0.718

Likely scenario: Short positions below 0.718 with targets @ 0.7105 & 0.708 in extension.

Alternative scenario: Above 0.718 look for further upside with 0.721 & 0.723 as targets.

Comment: As long as 0.718 is resistance, likely decline to 0.7105.

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