AUD/USD may rise 19 - 39 pips

Pivot

0.6725

Our preference

Long positions above 0.6725 with targets at 0.6765 & 0.6785 in extension.

Alternative scenario

Below 0.6725 look for further downside with 0.6710 & 0.6700 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6800

0.6785

0.6765

0.6746 Last

0.6725

0.6710

0.6700

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