AUD/USD may rise 12 - 32 pips

Pivot

0.6730

Our preference

Long positions above 0.6730 with targets at 0.6760 & 0.6780 in extension.

Alternative scenario

Below 0.6730 look for further downside with 0.6710 & 0.6690 as targets.

Comment

The next resistances are at 0.6760 and then at 0.6780.

Supports and resistances

0.6795

0.6780

0.6760

0.6748 Last

0.6730

0.6710

0.6690

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