AUD/USD may fall 16 - 31 pips

Pivot

0.6790

Our preference

Short positions below 0.6790 with targets at 0.6750 & 0.6735 in extension.

Alternative scenario

Above 0.6790 look for further upside with 0.6805 & 0.6820 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6820

0.6805

0.6790

0.6766 Last

0.6750

0.6735

0.6720

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