AUD/USD may rise 22 - 42 pips

Pivot

0.6685

Our preference

Long positions above 0.6685 with targets at 0.6730 & 0.6750 in extension.

Alternative scenario

Below 0.6685 look for further downside with 0.6665 & 0.6650 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6770

0.6750

0.6730

0.6708 Last

0.6685

0.6665

0.6650

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