AUD/USD may rise to 0.6759 - 0.6940

Pivot

0.6620

Our preference

Long positions above 0.6620 with targets at 0.6759 & 0.6940 in extension.

Alternative scenario

Below 0.6620 look for further downside with 0.6360 & 0.6288 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

0.7025 **

0.6940 ***

0.6759 ***

0.6660 Last

0.6620 ***

0.6360 ***

0.6288 ***

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