AUD/USD may fall 23 - 38 pips

Pivot

0.6740

Our preference

Short positions below 0.6740 with targets at 0.6690 & 0.6675 in extension.

Alternative scenario

Above 0.6740 look for further upside with 0.6755 & 0.6770 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6770

0.6755

0.6740

0.6713 Last

0.6690

0.6675

0.6660

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