AUD/USD may rise 29 - 49 pips

Pivot

0.6655

Our preference

Long positions above 0.6655 with targets at 0.6710 & 0.6730 in extension.

Alternative scenario

Below 0.6655 look for further downside with 0.6640 & 0.6620 as targets.

Comment

The break above 0.6655 is a positive signal that has opened a path to 0.6710.

Supports and resistances

0.6750

0.6730

0.6710

0.6681 Last

0.6655

0.6640

0.6620

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