AUD/USD may fall 15 - 30 pips

Pivot

0.6785

Our preference

Short positions below 0.6785 with targets at 0.6750 & 0.6735 in extension.

Alternative scenario

Above 0.6785 look for further upside with 0.6800 & 0.6815 as targets.

Comment

The RSI calls for a slump.

Supports and resistances

0.6815

0.6800

0.6785

0.6765 Last

0.6750

0.6735

0.6720

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