AUD/USD may fall 19 - 34 pips

Pivot

0.6570

Our preference

Short positions below 0.6570 with targets at 0.6530 & 0.6515 in extension.

Alternative scenario

Above 0.6570 look for further upside with 0.6585 & 0.6600 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6600

0.6585

0.6570

0.6549 Last

0.6530

0.6515

0.6500

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