AUD Trading Outlook (27-01-2016)

AUD/USD Intraday: the upside prevails

Pivot: 0.6965

Our preference: long positions above 0.6965 with targets @ 0.7025 & 0.7045 in extension.

Alternative scenario: below 0.6965 look for further downside with 0.6915 & 0.688 as targets.

Comment: the RSI is well directed.

Supports and resistances:

0.7075 ***

0.7045 ***

0.7025 ***

0.7014 Last

0.6965 ***

0.6915 ***

0.688 ***

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