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 RSI calls for a bounce.

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.