AUD/USD may fall to 0.6490 - 0.6570

Pivot

0.6840

Our preference

Short positions below 0.6840 with targets at 0.6570 & 0.6490 in extension.

Alternative scenario

Above 0.6840 look for further upside with 0.6890 & 0.7025 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.7025 **

0.6890 ***

0.6840 ***

0.6657 Last

0.6570 ***

0.6490 ***

0.6360 ***

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