AUD/USD may rise 13 - 28 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 above its neutrality area at 50%.

Supports and resistances

0.6760

0.6740

0.6725

0.6712 Last

0.6695

0.6680

0.6660

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