AUD Trading Outlook (29-02-2016)

AUD/USD Intraday: the downside prevails.

Pivot: 0.7196

Our preference: short positions below 0.7196 with targets @ 0.7094 & 0.7065 in extension.

Alternative scenario: above 0.7196 look for further upside with 0.7220 & 0.7255 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:
0.7255
0.7220
0.7196
0.7120 Last
0.7094
0.7065
0.7030

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.