AUD/USD may fall 16 - 31 pips

Pivot

0.6725

Our preference

Short positions below 0.6725 with targets at 0.6690 & 0.6675 in extension.

Alternative scenario

Above 0.6725 look for further upside with 0.6740 & 0.6755 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

0.6755

0.6740

0.6725

0.6706 Last

0.6690

0.6675

0.6660

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