AUD/USD may fall 24 - 39 pips

Pivot

0.6560

Our preference

Short positions below 0.6560 with targets at 0.6515 & 0.6500 in extension.

Alternative scenario

Above 0.6560 look for further upside with 0.6575 & 0.6590 as targets.

Comment

As long as the resistance at 0.6560 is not surpassed, the risk of the break below 0.6515 remains high.

Supports and resistances

0.6590

0.6575

0.6560

0.6539 Last

0.6515

0.6500

0.6485

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