AUD/USD may fall 26 - 46 pips

Pivot

0.6635

Our preference

Short positions below 0.6635 with targets at 0.6595 & 0.6575 in extension.

Alternative scenario

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

Comment

The upward potential is likely to be limited by the resistance at 0.6635.

Supports and resistances

0.6665

0.6650

0.6635

0.6621 Last

0.6595

0.6575

0.6560

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