AUD/USD may rise 32 - 57 pips

Pivot

0.6565

Our preference

Long positions above 0.6565 with targets at 0.6615 & 0.6640 in extension.

Alternative scenario

Below 0.6565 look for further downside with 0.6540 & 0.6510 as targets.

Comment

The next resistances are at 0.6615 and then at 0.6640.

Supports and resistances

0.6660

0.6640

0.6615

0.6583 Last

0.6565

0.6540

0.6510

Number of asterisks represents the strength of support and resistance levels.