AUD/USD may rise 23 - 38 pips

Pivot

0.6680

Our preference

Long positions above 0.6680 with targets at 0.6710 & 0.6725 in extension.

Alternative scenario

Below 0.6680 look for further downside with 0.6665 & 0.6650 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.6740

0.6725

0.6710

0.6687 Last

0.6680

0.6665

0.6650

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