AUD/USD may rise 29 - 44 pips

Pivot

0.6595

Our preference

Long positions above 0.6595 with targets at 0.6640 & 0.6655 in extension.

Alternative scenario

Below 0.6595 look for further downside with 0.6580 & 0.6570 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

0.6670

0.6655

0.6640

0.6611 Last

0.6595

0.6580

0.6570

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