AUD Trading Outlook (16-10-2015)

Intraday Technical Strategy

AUD/USD Intraday: the upside prevails.

Pivot 0.7260
Our preference Long positions above 0.726 with targets @ 0.738 & 0.74 in extension.
Alternative scenario Below 0.726 look for further downside with 0.7237 & 0.72 as targets.
Comment The RSI is mixed with a bullish bias.
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