AUD/USD may rise 22 - 42 pips

Pivot

0.6700

Our preference

Long positions above 0.6700 with targets at 0.6755 & 0.6775 in extension.

Alternative scenario

Below 0.6700 look for further downside with 0.6680 & 0.6665 as targets.

Comment

The break above 0.6700 is a positive signal that has opened a path to 0.6755.

Supports and resistances

0.6795

0.6775

0.6755

0.6733 Last

0.6700

0.6680

0.6665

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