AUD/USD may rise 21 - 36 pips

Pivot

0.6690

Our preference

Long positions above 0.6690 with targets at 0.6730 & 0.6745 in extension.

Alternative scenario

Below 0.6690 look for further downside with 0.6670 & 0.6655 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

0.6760

0.6745

0.6730

0.6709 Last

0.6690

0.6670

0.6655

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