AUD/USD may fall 19 - 34 pips

Pivot

0.6770

Our preference

Short positions below 0.6770 with targets at 0.6730 & 0.6715 in extension.

Alternative scenario

Above 0.6770 look for further upside with 0.6790 & 0.6810 as targets.

Comment

As long as the resistance at 0.6770 is not surpassed, the risk of the break below 0.6730 remains high.

Supports and resistances

0.6810

0.6790

0.6770

0.6749 Last

0.6730

0.6715

0.6700

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