AUD/USD may rise 15 - 40 pips

Pivot

0.6565

Our preference

Long positions above 0.6565 with targets at 0.6615 & 0.6640 in extension.

Alternative scenario

Below 0.6565 look for further downside with 0.6540 & 0.6510 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6660

0.6640

0.6615

0.6600 Last

0.6565

0.6540

0.6510

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