AUD/USD may fall 21 - 36 pips

Pivot

0.6590

Our preference

Short positions below 0.6590 with targets at 0.6545 & 0.6530 in extension.

Alternative scenario

Above 0.6590 look for further upside with 0.6605 & 0.6620 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6620

0.6605

0.6590

0.6566 Last

0.6545

0.6530

0.6510

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