AUD/USD ST: target 0.6800.

Pivot: 0.6500

Our preference: long positions above 0.6500 with targets at 0.6700 & 0.6800 in extension.

Alternative scenario: below 0.6500 look for further downside with 0.6420 & 0.6340 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.6870 **

0.6800 ***

0.6700 ***

0.6638 Last

0.6500 ***

0.6420 ***

0.6340 **