AUD/USD may rise 23 - 53 pips

Pivot

0.6510

Our preference

Long positions above 0.6510 with targets at 0.6580 & 0.6610 in extension.

Alternative scenario

Below 0.6510 look for further downside with 0.6490 & 0.6470 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6630

0.6610

0.6580

0.6557 Last

0.6510

0.6490

0.6470

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