AUD/USD may rise 21 - 41 pips

Pivot

0.6605

Our preference

Long positions above 0.6605 with targets at 0.6660 & 0.6680 in extension.

Alternative scenario

Below 0.6605 look for further downside with 0.6590 & 0.6575 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.6700

0.6680

0.6660

0.6639 Last

0.6605

0.6590

0.6575

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