AUD/USD may fall 8 - 23 pips

Pivot

0.6650

Our preference

Short positions below 0.6650 with targets at 0.6620 & 0.6605 in extension.

Alternative scenario

Above 0.6650 look for further upside with 0.6665 & 0.6680 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.6680

0.6665

0.6650

0.6628 Last

0.6620

0.6605

0.6590

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