AUD/USD may rise 7 - 27 pips

Pivot

0.6765

Our preference

Long positions above 0.6765 with targets at 0.6795 & 0.6815 in extension.

Alternative scenario

Below 0.6765 look for further downside with 0.6750 & 0.6740 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6825

0.6815

0.6795

0.6788 Last

0.6765

0.6750

0.6740

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