2010-07-05

Comment, recommendations, signals for forex traiders - currency AUD/USD intraday

AUD/USD intraday: intraday support around 0.8375.
Pivot: 0.8375
My preference: Long positions above 0.8375 with targets @ 0.847 & 0.851 in extension.
Alternative scenario: Below 0.8375 look for further downside with 0.8315 & 0.826 as targets.
Comment: the RSI is supported by a rising trend line.

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