BULLISH PRESSURE ON AUDUSD

Aussie continues with the upward trend. It traded within range without touching any resistance or support levels but by closing with the extent of an increase, it still preserves the upward trend. If the bear returns, first support level of 0.6593 might not hold and fell further to 0.6559. Conversely, by persisting the bull, resistance level of 0.6644 could be tested and bounce further to 0.6661.

Pivot point: 0.6610

Resistance level 1: 0.6644 Resistance level 2: 0.6661 Resistance level 3: 0.6694

Support level 1: 0.6593 Support level 2: 0.6559 Support level 3: 0.6542

Bias: BUY ABOVE 0.6634 TP 0.6697 SL 0.6591 Alternatively SELL Bias: SELL BELOW 0.6587 TP 0.6536 SL 0.6650