AUD/USD intraday: break of a ST rising trendline support. - TopicsExpress

AUD/USD intraday: break of a ST rising trendline support. Pivot: 0.904 Most Likely Scenario: Short positions below 0.904 with targets @ 0.896 & 0.893 in extension. Alternative scenario: Above 0.904 look for further upside with 0.907 & 0.91 as targets. Comment: the pair has broken below a rising trend line and remains on the downside. GOLD (Spot) intraday: further advance. Pivot: 1381.00 Most Likely Scenario: LONG positions above 1381 with 1415 & 1423 in sight. Alternative scenario: The downside breakout of 1381 will open the way to 1369 & 1355. Comment: the break above 1381 is a positive signal that has opened a path to 1415.

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