AUD Trading Outlook (03-12-2015)

Intraday Technical Strategy

AUD/USD Intraday: bullish bias above 0.7295.

Pivot 0.7295
Our preference Long positions above 0.7295 with targets @ 0.7345 & 0.7365 in extension.
Alternative scenario Below 0.7295 look for further downside with 0.7275 & 0.725 as targets.
Comment The RSI lacks downward momentum.
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