AUD/USD may rise 23 - 43 pips

Pivot

0.6615

Our preference

Long positions above 0.6615 with targets at 0.6660 & 0.6680 in extension.

Alternative scenario

Below 0.6615 look for further downside with 0.6590 & 0.6570 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6700

0.6680

0.6660

0.6637 Last

0.6615

0.6590

0.6570

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