AUD/USD may fall 14 - 34 pips

Pivot

0.6685

Our preference

Short positions below 0.6685 with targets at 0.6645 & 0.6625 in extension.

Alternative scenario

Above 0.6685 look for further upside with 0.6705 & 0.6725 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.6725

0.6705

0.6685

0.6659 Last

0.6645

0.6625

0.6600

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