AUD/USD may fall 23 - 43 pips

Pivot

0.6600

Our preference

Short positions below 0.6600 with targets at 0.6540 & 0.6520 in extension.

Alternative scenario

Above 0.6600 look for further upside with 0.6620 & 0.6640 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

0.6640

0.6620

0.6600

0.6563 Last

0.6540

0.6520

0.6500

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