AUD/USD may rise 17 - 32 pips

Pivot

0.6765

Our preference

Long positions above 0.6765 with targets at 0.6800 & 0.6815 in extension.

Alternative scenario

Below 0.6765 look for further downside with 0.6750 & 0.6735 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6830

0.6815

0.6800

0.6783 Last

0.6765

0.6750

0.6735

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