AUD/USD may fall 30 - 45 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 RSI lacks upward momentum.

Supports and resistances

0.6790

0.6775

0.6760

0.6735 Last

0.6705

0.6690

0.6675

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