AUD Trading Outlook (28-03-2016)

AUD/USD Intraday: key resistance at 0.7540

Pivot: 0.7540

Our preference: short positions below 0.7540 with targets @ 0.7475 & 0.7445 in extension.

Alternative scenario: above 0.7540 look for further upside with 0.7570 & 0.7610 as targets.

Comment: as long as the resistance at 0.7540 is not surpassed, the risk of the break below 0.7475 remains high.

Supports and resistances:
0.7610
0.7570
0.7540
0.7534 Last
0.7475
0.7445
0.7410

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