AUD/USD may fall 17 - 37 pips

Pivot

0.6635

Our preference

Short positions below 0.6635 with targets at 0.6590 & 0.6570 in extension.

Alternative scenario

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

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6665

0.6650

0.6635

0.6607 Last

0.6590

0.6570

0.6550

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