AUD/USD may rise 7 - 22 pips

Pivot

0.6580

Our preference

Long positions above 0.6580 with targets at 0.6605 & 0.6620 in extension.

Alternative scenario

Below 0.6580 look for further downside with 0.6560 & 0.6540 as targets.

Comment

The break above 0.6580 is a positive signal that has opened a path to 0.6605.

Supports and resistances

0.6640

0.6620

0.6605

0.6598 Last

0.6580

0.6560

0.6540

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