AUD/USD may rise 9 - 24 pips

Pivot

0.6655

Our preference

Long positions above 0.6655 with targets at 0.6685 & 0.6700 in extension.

Alternative scenario

Below 0.6655 look for further downside with 0.6645 & 0.6630 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

0.6715

0.6700

0.6685

0.6676 Last

0.6655

0.6645

0.6630

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