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AUD/USD INTRADAY: THE DOWNSIDE PREVAILS.
2012-03-07 09:38:30

 

AUD/USD INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1.065

Most Likely Scenario: Short positions below 1.065 with targets @ 1.0565 & 1.05 in extension.

Alternative scenario: Above 1.065 look for further upside with 1.069 & 1.072 as targets.

Comment: the RSI advocates for further decline.
 

 



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