AUD/USD may rise 13 - 28 pips

Pivot

0.6610

Our preference

Long positions above 0.6610 with targets at 0.6645 & 0.6660 in extension.

Alternative scenario

Below 0.6610 look for further downside with 0.6590 & 0.6575 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

Supports and resistances

0.6680

0.6660

0.6645

0.6632 Last

0.6610

0.6590

0.6575

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