AUD/USD may fall 15 - 30 pips

Pivot

0.6700

Our preference

Short positions below 0.6700 with targets at 0.6665 & 0.6650 in extension.

Alternative scenario

Above 0.6700 look for further upside with 0.6720 & 0.6735 as targets.

Comment

The break below 0.6700 is a negative signal that has opened a path to 0.6665.

Supports and resistances

0.6735

0.6720

0.6700

0.6680 Last

0.6665

0.6650

0.6635

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