AUD Trading Outlook (04-02-2016)

AUD/USD Intraday: limited upside.
Pivot: 0.7115

Our preference: long positions above 0.7115 with targets @ 0.721 & 0.7225 in extension.

Alternative scenario: below 0.7115 look for further downside with 0.707 & 0.7 as targets.

Comment: the RSI is mixed.

Supports and resistances:
0.7235 **
0.7225 **
0.721 *
0.7176 Last
0.7115 **
0.707 **
0.7 *

Ticker : AUD
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