AUD/USD may rise 19 - 29 pips

Pivot

0.6665

Our preference

Long positions above 0.6665 with targets at 0.6700 & 0.6710 in extension.

Alternative scenario

Below 0.6665 look for further downside with 0.6650 & 0.6630 as targets.

Comment

The break above 0.6665 is a positive signal that has opened a path to 0.6700.

Supports and resistances

0.6725

0.6710

0.6700

0.6681 Last

0.6665

0.6650

0.6630

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