23.04.2012 07:22 GMT+1 - AUD/USD intraday: consolidation.


Pivot: 1.039
Our preference: Short positions below 1.039 with targets @ 1.03 & 1.0275 in extension.
Alternative scenario: Above 1.039 look for further upside with 1.041 & 1.0425 as targets.
Comment: as long as 1.039 is resistance, likely decline to 1.03.

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