AUD/USD may fall 19 - 34 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

As long as the resistance at 0.6750 is not surpassed, the risk of the break below 0.6725 remains high.

Supports and resistances

0.6780

0.6765

0.6750

0.6744 Last

0.6725

0.6710

0.6695

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