AUD/USD may fall 20 - 35 pips

Pivot

0.6660

Our preference

Short positions below 0.6660 with targets at 0.6620 & 0.6605 in extension.

Alternative scenario

Above 0.6660 look for further upside with 0.6685 & 0.6700 as targets.

Comment

The break below 0.6660 is a negative signal that has opened a path to 0.6620.

Supports and resistances

0.6700

0.6685

0.6660

0.6640 Last

0.6620

0.6605

0.6590

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