AUD/USD may rise 47 - 69 pips

0.6768 is our pivot point.

Our preference

Rebound towards 0.6866.

Alternative scenario

Below 0.6768, expect 0.6731 and 0.6709.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6805 and 0.6829).

Supports and resistances

0.6909 **

0.6888 *

0.6866 **

0.6844

0.6797 last

0.6782

0.6768 **

0.6731 *

0.6709 **

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