AUD/USD may rise 23 - 43 pips

Pivot

0.6630

Our preference

Long positions above 0.6630 with targets at 0.6670 & 0.6690 in extension.

Alternative scenario

Below 0.6630 look for further downside with 0.6615 & 0.6600 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.6705

0.6690

0.6670

0.6647 Last

0.6630

0.6615

0.6600

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