AUD/USD may rise 23 - 38 pips

Pivot

0.6665

Our preference

Long positions above 0.6665 with targets at 0.6705 & 0.6720 in extension.

Alternative scenario

Below 0.6665 look for further downside with 0.6645 & 0.6630 as targets.

Comment

The break above 0.6665 is a positive signal that has opened a path to 0.6705.

Supports and resistances

0.6735

0.6720

0.6705

0.6682 Last

0.6665

0.6645

0.6630

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