AUD/USD may fall to 0.6360 - 0.6465

Pivot

0.6710

Our preference

Short positions below 0.6710 with targets at 0.6465 & 0.6360 in extension.

Alternative scenario

Above 0.6710 look for further upside with 0.6800 & 0.6870 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.6870 ***

0.6800 ***

0.6710 **

0.6496 Last

0.6465 ***

0.6360 ***

0.6270 ***

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