AUD/USD Pivot Point (2015.08.14)

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Source: Fxpro Forex Broker (Review and Forex Rebates)

AUD/USD Intraday: key resistance at 0.739.

Pivot: 0.739

Most Likely Scenario: Short positions below 0.739 with targets @ 0.732 & 0.727 in extension.

Alternative scenario: Above 0.739 look for further upside with 0.743 & 0.749 as targets.

Comment: The RSI lacks upward momentum.

AUD/USD Chart

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