AUD Trading Outlook (23-03-2016)
AUD/USD Intraday: rebound expected.
Pivot: 0.7565
Our preference: long positions above 0.7565 with targets @ 0.7680 & 0.7715 in extension.
Alternative scenario: below 0.7565 look for further downside with 0.7520 & 0.7475 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
0.7760
0.7715
0.7680
0.7615 Last
0.7565
0.7520
0.7475
