AUD/USD may rise 35 - 55 pips

Pivot

0.6650

Our preference

Long positions above 0.6650 with targets at 0.6695 & 0.6715 in extension.

Alternative scenario

Below 0.6650 look for further downside with 0.6625 & 0.6605 as targets.

Comment

The break above 0.6650 is a positive signal that has opened a path to 0.6695.

Supports and resistances

0.6735

0.6715

0.6695

0.6660 Last

0.6650

0.6625

0.6605

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