AUD Trading Outlook (29-03-2016)

AUD/USD Intraday: further upside.

Pivot: 0.7535

Our preference: long positions above 0.7535 with targets @ 0.7610 & 0.7650 in extension.

Alternative scenario: below 0.7535 look for further downside with 0.7495 & 0.7475 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
0.7680
0.7650
0.7610
0.7567 Last
0.7535
0.7495
0.7475

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