AUD/USD may fall 38 - 53 pips

Pivot

0.6760

Our preference

Short positions below 0.6760 with targets at 0.6705 & 0.6690 in extension.

Alternative scenario

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

Comment

The upward potential is likely to be limited by the resistance at 0.6760.

Supports and resistances

0.6790

0.6775

0.6760

0.6743 Last

0.6705

0.6690

0.6675

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