AUD/USD may fall 16 - 31 pips

Pivot

0.6760

Our preference

Short positions below 0.6760 with targets at 0.6720 & 0.6705 in extension.

Alternative scenario

Above 0.6760 look for further upside with 0.6775 & 0.6790 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

0.6790

0.6775

0.6760

0.6736 Last

0.6720

0.6705

0.6690

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