AUD/USD may fall 32 - 47 pips

Pivot

0.6695

Our preference

Short positions below 0.6695 with targets at 0.6650 & 0.6635 in extension.

Alternative scenario

Above 0.6695 look for further upside with 0.6710 & 0.6725 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.6695.

Supports and resistances

0.6725

0.6710

0.6695

0.6682 Last

0.6650

0.6635

0.6620

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