AUD Trading Outlook (16-11-2015)

Intraday Technical Strategy

AUD/USD Intraday: the upside prevails.

Pivot 0.7080
Our preference Long positions above 0.708 with targets @ 0.715 & 0.717 in extension.
Alternative scenario Below 0.708 look for further downside with 0.704 & 0.7015 as targets.
Comment The RSI lacks downward momentum.
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