AUD/USD may rise 22 - 37 pips

Pivot

0.6780

Our preference

Long positions above 0.6780 with targets at 0.6825 & 0.6840 in extension.

Alternative scenario

Below 0.6780 look for further downside with 0.6765 & 0.6750 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6855

0.6840

0.6825

0.6803 Last

0.6780

0.6765

0.6750

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