AUD/USD may fall 15 - 35 pips

Pivot

0.6630

Our preference

Short positions below 0.6630 with targets at 0.6590 & 0.6570 in extension.

Alternative scenario

Above 0.6630 look for further upside with 0.6645 & 0.6660 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6660

0.6645

0.6630

0.6605 Last

0.6590

0.6570

0.6550

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