AUD/USD may fall 17 - 32 pips

Pivot

0.6730

Our preference

Short positions below 0.6730 with targets at 0.6695 & 0.6680 in extension.

Alternative scenario

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

Comment

As long as the resistance at 0.6730 is not surpassed, the risk of the break below 0.6695 remains high.

Supports and resistances

0.6760

0.6745

0.6730

0.6712 Last

0.6695

0.6680

0.6665

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