AUD/USD may rise 11 - 21 pips

Pivot

0.6665

Our preference

Long positions above 0.6665 with targets at 0.6690 & 0.6700 in extension.

Alternative scenario

Below 0.6665 look for further downside with 0.6650 & 0.6635 as targets.

Comment

The break above the resistance at 0.6665 triggered an upward acceleration to 0.6690.

Supports and resistances

0.6715

0.6700

0.6690

0.6679 Last

0.6665

0.6650

0.6635

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