AUD/USD may rise 17 - 37 pips

Pivot

0.6660

Our preference

Long positions above 0.6660 with targets at 0.6700 & 0.6720 in extension.

Alternative scenario

Below 0.6660 look for further downside with 0.6650 & 0.6635 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.6740

0.6720

0.6700

0.6683 Last

0.6660

0.6650

0.6635

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