Wednesday, September 26, 2012

AUD/USD intraday: the downside prevails.


Pivot: 1.041
Our preference: Short positions below 1.041 with targets @ 1.032 & 1.03 in extension.
Alternative scenario: Above 1.041 look for further upside with 1.0445 & 1.047 as targets.
Comment: the RSI is bearish and calls for further downside.

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