AUD/USD may fall 28 - 43 pips

Pivot

0.6705

Our preference

Short positions below 0.6705 with targets at 0.6650 & 0.6635 in extension.

Alternative scenario

Above 0.6705 look for further upside with 0.6720 & 0.6735 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

0.6735

0.6720

0.6705

0.6678 Last

0.6650

0.6635

0.6620

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