AUD/USD may fall 21 - 36 pips

Pivot

0.6735

Our preference

Short positions below 0.6735 with targets at 0.6690 & 0.6675 in extension.

Alternative scenario

Above 0.6735 look for further upside with 0.6750 & 0.6760 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

0.6760

0.6750

0.6735

0.6711 Last

0.6690

0.6675

0.6660

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