AUD/USD may rise 18 - 33 pips

Pivot

0.6565

Our preference

Long positions above 0.6565 with targets at 0.6605 & 0.6620 in extension.

Alternative scenario

Below 0.6565 look for further downside with 0.6550 & 0.6535 as targets.

Comment

The next resistances are at 0.6605 and then at 0.6620.

Supports and resistances

0.6635

0.6620

0.6605

0.6587 Last

0.6565

0.6550

0.6535

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