AUD/USD may fall 24 - 39 pips

Pivot

0.6560

Our preference

Short positions below 0.6560 with targets at 0.6530 & 0.6515 in extension.

Alternative scenario

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

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

0.6590

0.6575

0.6560

0.6554 Last

0.6530

0.6515

0.6500

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