AUD/USD may fall 24 - 39 pips

Pivot

0.6670

Our preference

Short positions below 0.6670 with targets at 0.6620 & 0.6605 in extension.

Alternative scenario

Above 0.6670 look for further upside with 0.6685 & 0.6700 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6700

0.6685

0.6670

0.6644 Last

0.6620

0.6605

0.6590

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