AUD/USD may fall 29 - 44 pips

Pivot

0.6795

Our preference

Short positions below 0.6795 with targets at 0.6745 & 0.6730 in extension.

Alternative scenario

Above 0.6795 look for further upside with 0.6810 & 0.6825 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.6795.

Supports and resistances

0.6825

0.6810

0.6795

0.6774 Last

0.6745

0.6730

0.6715

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