AUD Trading Outlook (15-03-2016)

AUD/USD Intraday: under pressure

Pivot: 0.7595

Our preference: short positions below 0.7595 with targets @ 0.7480 & 0.7455 in extension.

Alternative scenario: above 0.7595 look for further upside with 0.7620 & 0.7650 as targets.

Comment: the RSI is badly directed.

Supports and resistances:
0.7650
0.7620
0.7595
0.7500 Last
0.7480
0.7455
0.7425

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