AUD/USD may rise 13 - 28 pips

Pivot

0.6635

Our preference

Long positions above 0.6635 with targets at 0.6665 & 0.6680 in extension.

Alternative scenario

Below 0.6635 look for further downside with 0.6620 & 0.6605 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.6695

0.6680

0.6665

0.6652 Last

0.6635

0.6620

0.6605

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