AUD/USD may fall 18 - 33 pips

Pivot

0.6730

Our preference

Short positions below 0.6730 with targets at 0.6685 & 0.6670 in extension.

Alternative scenario

Above 0.6730 look for further upside with 0.6745 & 0.6760 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.6760

0.6745

0.6730

0.6703 Last

0.6685

0.6670

0.6640

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