AUD/USD may rise 23 - 41 pips

Pivot

0.6775

Our preference

Long positions above 0.6775 with targets at 0.6812 & 0.6830 in extension.

Alternative scenario

Below 0.6775 look for further downside with 0.6760 & 0.6745 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

0.6845

0.6830

0.6812

0.6789 Last

0.6775

0.6760

0.6745

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