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AUD/USD Price Analysis: Technical outlook

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The AUD/USD sitting above the 0.6600 figure, has opened the door for further upside, as confirmed by Relative Strength Index (RSI) studies at bullish territory. If buyers extend the rally toward 0.6700, that could open the door for testing the January 5 high at 0.6747, before challenging the 0.6800 mark. On the other hand, a pullback below the January 5 low of 0.6640, could exacerbate a test of the 0.6600 figure.

 

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