AUD/USD may fall 19 - 34 pips

Pivot

0.6770

Our preference

Short positions below 0.6770 with targets at 0.6730 & 0.6715 in extension.

Alternative scenario

Above 0.6770 look for further upside with 0.6785 & 0.6800 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

0.6800

0.6785

0.6770

0.6749 Last

0.6730

0.6715

0.6700

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