AUD/USD may fall 18 - 33 pips

Pivot

0.6630

Our preference

Short positions below 0.6630 with targets at 0.6585 & 0.6570 in extension.

Alternative scenario

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

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6660

0.6645

0.6630

0.6603 Last

0.6585

0.6570

0.6555

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