AUD/USD may fall 10 - 25 pips

Pivot

0.6750

Our preference

Short positions below 0.6750 with targets at 0.6725 & 0.6710 in extension.

Alternative scenario

Above 0.6750 look for further upside with 0.6765 & 0.6780 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6780

0.6765

0.6750

0.6735 Last

0.6725

0.6710

0.6695

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