AUD/USD may rise 7 - 22 pips

Pivot

0.6710

Our preference

Long positions above 0.6710 with targets at 0.6735 & 0.6750 in extension.

Alternative scenario

Below 0.6710 look for further downside with 0.6700 & 0.6685 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6770

0.6750

0.6735

0.6728 Last

0.6710

0.6700

0.6685

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