AUD/USD may rise 7 - 27 pips

Pivot

0.6635

Our preference

Long positions above 0.6635 with targets at 0.6660 & 0.6680 in extension.

Alternative scenario

Below 0.6635 look for further downside with 0.6625 & 0.6615 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6700

0.6680

0.6660

0.6653 Last

0.6635

0.6625

0.6615

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