AUD/USD may fall 12 - 27 pips

Pivot

0.6630

Our preference

Short positions below 0.6630 with targets at 0.6600 & 0.6585 in extension.

Alternative scenario

Above 0.6630 look for further upside with 0.6645 & 0.6660 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6660

0.6645

0.6630

0.6612 Last

0.6600

0.6585

0.6570

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