AUD/USD may fall 12 - 22 pips

Pivot

0.6700

Our preference

Short positions below 0.6700 with targets at 0.6670 & 0.6660 in extension.

Alternative scenario

Above 0.6700 look for further upside with 0.6725 & 0.6740 as targets.

Comment

The break below 0.6700 is a negative signal that has opened a path to 0.6670.

Supports and resistances

0.6740

0.6725

0.6700

0.6682 Last

0.6670

0.6660

0.6645

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