AUD/USD may fall 5 - 20 pips

Pivot

0.6675

Our preference

Short positions below 0.6675 with targets at 0.6650 & 0.6635 in extension.

Alternative scenario

Above 0.6675 look for further upside with 0.6690 & 0.6700 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.6700

0.6690

0.6675

0.6655 Last

0.6650

0.6635

0.6620

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