AUD/USD may rise 12 - 32 pips

Pivot

0.6635

Our preference

Long positions above 0.6635 with targets at 0.6670 & 0.6690 in extension.

Alternative scenario

Below 0.6635 look for further downside with 0.6605 & 0.6585 as targets.

Comment

The next resistances are at 0.6670 and then at 0.6690.

Supports and resistances

0.6710

0.6690

0.6670

0.6658 Last

0.6635

0.6605

0.6585

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