AUD/USD may fall 25 - 45 pips

Pivot

0.6525

Our preference

Short positions below 0.6525 with targets at 0.6465 & 0.6445 in extension.

Alternative scenario

Above 0.6525 look for further upside with 0.6540 & 0.6560 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

0.6560

0.6540

0.6525

0.6490 Last

0.6465

0.6445

0.6425

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