AUD/USD may rise 16 - 31 pips

Pivot

0.6655

Our preference

Long positions above 0.6655 with targets at 0.6690 & 0.6705 in extension.

Alternative scenario

Below 0.6655 look for further downside with 0.6640 & 0.6625 as targets.

Comment

The break above 0.6655 is a positive signal that has opened a path to 0.6690.

Supports and resistances

0.6720

0.6705

0.6690

0.6674 Last

0.6655

0.6640

0.6625

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