AUD Trading Outlook (08-10-2015)

AUDUSD

Pivot: 0.715

Likely scenario: Long positions above 0.715 with targets @ 0.7235 & 0.728 in extension.

Alternative scenario: Below 0.715 look for further downside with 0.711 & 0.707 as targets.
Comment: The RSI is mixed and calls for caution.

 

 

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