AUD/USD may rise 13 - 28 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 0.6615 & 0.6600 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

0.6700

0.6685

0.6670

0.6657 Last

0.6635

0.6615

0.6600

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