AUD/USD may fall 17 - 32 pips

Pivot

0.6695

Our preference

Short positions below 0.6695 with targets at 0.6650 & 0.6635 in extension.

Alternative scenario

Above 0.6695 look for further upside with 0.6710 & 0.6725 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6725

0.6710

0.6695

0.6667 Last

0.6650

0.6635

0.6620

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