AUD/USD is neutral

Pivot

0.6350

Our preference

Long positions above 0.6350 with targets at 0.6840 & 0.7130 in extension.

Alternative scenario

Below 0.6350 look for further downside with 0.6180 & 0.5500 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

0.7600 **

0.7130 ***

0.6840 ***

0.6794 Last

0.6350 ***

0.6180 ***

0.5500 *

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