AUD Trading Outlook (17-03-2016)

AUD/USD Intraday: further advance.

Pivot: 0.7520

Our preference: long positions above 0.7520 with targets @ 0.7630 & 0.7670 in extension.

Alternative scenario: below 0.7520 look for further downside with 0.7475 & 0.7440 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:
0.7715
0.7670
0.7630
0.7603 Last
0.7520
0.7475
0.7440

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