AUD/USD may fall 17 - 32 pips

Pivot

0.6570

Our preference

Short positions below 0.6570 with targets at 0.6535 & 0.6520 in extension.

Alternative scenario

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

Comment

The upward potential is likely to be limited by the resistance at 0.6570.

Supports and resistances

0.6600

0.6585

0.6570

0.6552 Last

0.6535

0.6520

0.6500

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