AUD/USD may fall 17 - 32 pips

Pivot

0.6665

Our preference

Short positions below 0.6665 with targets at 0.6620 & 0.6605 in extension.

Alternative scenario

Above 0.6665 look for further upside with 0.6685 & 0.6700 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

0.6700

0.6685

0.6665

0.6637 Last

0.6620

0.6605

0.6590

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