AUD/USD may rise to 0.6870 - 0.7000

Pivot

0.6565

Our preference

Long positions above 0.6565 with targets at 0.6870 & 0.7000 in extension.

Alternative scenario

Below 0.6565 look for further downside with 0.6465 & 0.6370 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.7130 ***

0.7000 ***

0.6870 **

0.6741 Last

0.6565 ***

0.6465 ***

0.6370 ***

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