AUD/USD may fall 22 - 42 pips

Pivot

0.6625

Our preference

Short positions below 0.6625 with targets at 0.6570 & 0.6550 in extension.

Alternative scenario

Above 0.6625 look for further upside with 0.6640 & 0.6655 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6655

0.6640

0.6625

0.6592 Last

0.6570

0.6550

0.6530

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