AUD/USD may rise 17 - 37 pips

Pivot

0.6640

Our preference

Long positions above 0.6640 with targets at 0.6690 & 0.6710 in extension.

Alternative scenario

Below 0.6640 look for further downside with 0.6620 & 0.6605 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.6730

0.6710

0.6690

0.6673 Last

0.6640

0.6620

0.6605

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