AUD/USD may rise 16 - 41 pips

Pivot

0.6790

Our preference

Long positions above 0.6790 with targets at 0.6835 & 0.6860 in extension.

Alternative scenario

Below 0.6790 look for further downside with 0.6765 & 0.6750 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6900

0.6860

0.6835

0.6819 Last

0.6790

0.6765

0.6750

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