AUD/USD may rise 24 - 34 pips

Pivot

0.6640

Our preference

Long positions above 0.6640 with targets at 0.6680 & 0.6690 in extension.

Alternative scenario

Below 0.6640 look for further downside with 0.6630 & 0.6615 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6705

0.6690

0.6680

0.6656 Last

0.6640

0.6630

0.6615

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