AUD/USD may rise 18 - 38 pips

Pivot

0.6660

Our preference

Long positions above 0.6660 with targets at 0.6690 & 0.6710 in extension.

Alternative scenario

Below 0.6660 look for further downside with 0.6640 & 0.6620 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.6730

0.6710

0.6690

0.6672 Last

0.6660

0.6640

0.6620

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