AUD/USD may rise 21 - 51 pips

Pivot

0.6605

Our preference

Long positions above 0.6605 with targets at 0.6660 & 0.6690 in extension.

Alternative scenario

Below 0.6605 look for further downside with 0.6585 & 0.6575 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.6705

0.6690

0.6660

0.6639 Last

0.6605

0.6585

0.6575

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