AUD/USD may fall 13 - 23 pips

Pivot

0.6785

Our preference

Short positions below 0.6785 with targets at 0.6760 & 0.6750 in extension.

Alternative scenario

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

Comment

As long as the resistance at 0.6785 is not surpassed, the risk of the break below 0.6760 remains high.

Supports and resistances

0.6815

0.6800

0.6785

0.6773 Last

0.6760

0.6750

0.6735

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