AUD/USD may rise 15 - 30 pips

Pivot

0.6665

Our preference

Long positions above 0.6665 with targets at 0.6685 & 0.6700 in extension.

Alternative scenario

Below 0.6665 look for further downside with 0.6650 & 0.6630 as targets.

Comment

A support base at 0.6665 has formed and has allowed for a temporary stabilisation.

Supports and resistances

0.6715

0.6700

0.6685

0.6670 Last

0.6665

0.6650

0.6630

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