AUD/USD may rise 29 - 44 pips

Pivot

0.6590

Our preference

Long positions above 0.6590 with targets at 0.6640 & 0.6655 in extension.

Alternative scenario

Below 0.6590 look for further downside with 0.6570 & 0.6555 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

0.6670

0.6655

0.6640

0.6611 Last

0.6590

0.6570

0.6555

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