AUD/USD may rise 19 - 39 pips

Pivot

0.6515

Our preference

Long positions above 0.6515 with targets at 0.6565 & 0.6585 in extension.

Alternative scenario

Below 0.6515 look for further downside with 0.6495 & 0.6480 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6610

0.6585

0.6565

0.6546 Last

0.6515

0.6495

0.6480

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