AUD/USD may rise 16 - 31 pips

Pivot

0.6760

Our preference

Long positions above 0.6760 with targets at 0.6795 & 0.6810 in extension.

Alternative scenario

Below 0.6760 look for further downside with 0.6735 & 0.6725 as targets.

Comment

The break above 0.6760 is a positive signal that has opened a path to 0.6795.

Supports and resistances

0.6825

0.6810

0.6795

0.6779 Last

0.6760

0.6735

0.6725

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