AUD/USD may fall 20 - 40 pips

Pivot

0.6680

Our preference

Short positions below 0.6680 with targets at 0.6635 & 0.6615 in extension.

Alternative scenario

Above 0.6680 look for further upside with 0.6700 & 0.6720 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.6720

0.6700

0.6680

0.6655 Last

0.6635

0.6615

0.6600

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