AUD/USD may rise 17 - 32 pips

Pivot

0.6635

Our preference

Long positions above 0.6635 with targets at 0.6670 & 0.6685 in extension.

Alternative scenario

Below 0.6635 look for further downside with 0.6610 & 0.6590 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.6705

0.6685

0.6670

0.6653 Last

0.6635

0.6610

0.6590

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