AUD/USD may rise 12 - 27 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

The RSI is above its neutrality area at 50%.

Supports and resistances

0.6680

0.6660

0.6645

0.6633 Last

0.6610

0.6590

0.6575

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