AUD/USD may rise to 0.6790 - 0.6870

Pivot

0.6360

Our preference

Long positions above 0.6360 with targets at 0.6790 & 0.6870 in extension.

Alternative scenario

Below 0.6360 look for further downside with 0.6285 & 0.6175 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6890 ***

0.6870 ***

0.6790 **

0.6681 Last

0.6360 ***

0.6285 ***

0.6175 ***

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