AUD/USD may rise 35 - 60 pips

Pivot

0.6475

Our preference

Long positions above 0.6475 with targets at 0.6555 & 0.6580 in extension.

Alternative scenario

Below 0.6475 look for further downside with 0.6455 & 0.6435 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

0.6600

0.6580

0.6555

0.6520 Last

0.6475

0.6455

0.6435

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