AUD/USD intraday: the upside prevails.
26-May-11
07:26
Pivot: 1.055
Our preference: Long positions above 1.055 with targets @ 1.0615 & 1.0675 in extension.
Alternative scenario: Below 1.055 look for further downside with 1.051 & 1.044 as targets.
Comment: the RSI advocates for further upside.
Key levels
1.071
1.0675
1.0615
1.0591 last
1.055
1.051
1.044
Ticker: AUD