AUD/USD may fall 12 - 27 pips

Pivot

0.6665

Our preference

Short positions below 0.6665 with targets at 0.6635 & 0.6620 in extension.

Alternative scenario

Above 0.6665 look for further upside with 0.6680 & 0.6700 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6700

0.6680

0.6665

0.6647 Last

0.6635

0.6620

0.6605

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