AUD/USD may rise 22 - 33 pips

0.6473 is our pivot point.

Our preference

The upside prevails as long as 0.6473 is support.

Alternative scenario

The downside breakout of 0.6473 would call for 0.6455 and 0.6444.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6474 and 0.6479).

Supports and resistances

0.6543 **

0.6532 *

0.6521 **

0.6510

0.6488 last

0.6480

0.6473 **

0.6455 *

0.6444 **

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