AUD/USD may rise 19 - 39 pips

Pivot

0.6525

Our preference

Long positions above 0.6525 with targets at 0.6575 & 0.6595 in extension.

Alternative scenario

Below 0.6525 look for further downside with 0.6505 & 0.6490 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.6615

0.6595

0.6575

0.6556 Last

0.6525

0.6505

0.6490

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