AUD/USD may rise 20 - 45 pips

Pivot

0.6650

Our preference

Long positions above 0.6650 with targets at 0.6700 & 0.6725 in extension.

Alternative scenario

Below 0.6650 look for further downside with 0.6630 & 0.6615 as targets.

Comment

The break above 0.6650 is a positive signal that has opened a path to 0.6700.

Supports and resistances

0.6750

0.6725

0.6700

0.6680 Last

0.6650

0.6630

0.6615

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