AUD/USD may fall 12 - 32 pips

Pivot

0.6765

Our preference

Short positions below 0.6765 with targets at 0.6730 & 0.6710 in extension.

Alternative scenario

Above 0.6765 look for further upside with 0.6785 & 0.6800 as targets.

Comment

As long as the resistance at 0.6765 is not surpassed, the risk of the break below 0.6730 remains high.

Supports and resistances

0.6800

0.6785

0.6765

0.6742 Last

0.6730

0.6710

0.6690

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