AUD/USD may rise 17 - 37 pips

Pivot

0.6655

Our preference

Long positions above 0.6655 with targets at 0.6700 & 0.6720 in extension.

Alternative scenario

Below 0.6655 look for further downside with 0.6635 & 0.6615 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.6740

0.6720

0.6700

0.6683 Last

0.6655

0.6635

0.6615

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