AUD/USD may rise 25 - 50 pips

Pivot

0.6764

Our preference

Long positions above 0.6764 with targets at 0.6800 & 0.6825 in extension.

Alternative scenario

Below 0.6764 look for further downside with 0.6750 & 0.6730 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.6840

0.6825

0.6800

0.6775 Last

0.6764

0.6750

0.6730

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