AUD Trading Outlook (11-12-2015)

 

AUD/USD

Pivot: 0.725

Likely scenario: long positions above 0.725 with targets @ 0.7335 & 0.737 in extension.

Alternative scenario: below 0.725 look for further downside with 0.7205 & 0.718 as targets.

Comment: the RSI is well directed.

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