AUD/USD may fall 11 - 31 pips

Pivot

0.6675

Our preference

Short positions below 0.6675 with targets at 0.6640 & 0.6620 in extension.

Alternative scenario

Above 0.6675 look for further upside with 0.6690 & 0.6710 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6710

0.6690

0.6675

0.6651 Last

0.6640

0.6620

0.6600

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