AUD/USD may rise 14 - 29 pips

Pivot

0.6695

Our preference

Long positions above 0.6695 with targets at 0.6725 & 0.6740 in extension.

Alternative scenario

Below 0.6695 look for further downside with 0.6680 & 0.6660 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.6760

0.6740

0.6725

0.6711 Last

0.6695

0.6680

0.6660

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