AUD/USD may rise to 0.6540 - 0.6680

Pivot

0.5900

Our preference

Long positions above 0.5900 with targets at 0.6540 & 0.6680 in extension.

Alternative scenario

Below 0.5900 look for further downside with 0.5800 & 0.5710 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

0.6930

0.6680

0.6540

0.6239 Last

0.5900

0.5800

0.5710

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