AUD/USD may fall 12 - 27 pips

Pivot

0.6635

Our preference

Short positions below 0.6635 with targets at 0.6605 & 0.6590 in extension.

Alternative scenario

Above 0.6635 look for further upside with 0.6650 & 0.6665 as targets.

Comment

The break below 0.6635 is a negative signal that has opened a path to 0.6605.

Supports and resistances

0.6665

0.6650

0.6635

0.6617 Last

0.6605

0.6590

0.6570

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