AUD/USD may rise 39 - 59 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

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.6610

0.6585

0.6565

0.6526 Last

0.6515

0.6495

0.6480

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