AUD/USD may fall 14 - 29 pips

Pivot

0.6565

Our preference

Short positions below 0.6565 with targets at 0.6535 & 0.6520 in extension.

Alternative scenario

Above 0.6565 look for further upside with 0.6580 & 0.6600 as targets.

Comment

A break below 0.6535 would trigger a drop towards 0.6520.

Supports and resistances

0.6600

0.6580

0.6565

0.6549 Last

0.6535

0.6520

0.6500

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