AUD/USD may rise 12 - 27 pips

Pivot

0.6725

Our preference

Long positions above 0.6725 with targets at 0.6760 & 0.6775 in extension.

Alternative scenario

Below 0.6725 look for further downside with 0.6710 & 0.6690 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

0.6795

0.6775

0.6760

0.6748 Last

0.6725

0.6710

0.6690

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