AUD/USD may rise 25 - 45 pips

Pivot

0.6510

Our preference

Long positions above 0.6510 with targets at 0.6575 & 0.6595 in extension.

Alternative scenario

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

Comment

The RSI shows upside momentum.

Supports and resistances

0.6615

0.6595

0.6575

0.6550 Last

0.6510

0.6490

0.6470

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