AUD/USD may fall 14 - 29 pips

Pivot

0.6645

Our preference

Short positions below 0.6645 with targets at 0.6615 & 0.6600 in extension.

Alternative scenario

Above 0.6645 look for further upside with 0.6660 & 0.6675 as targets.

Comment

As long as the resistance at 0.6645 is not surpassed, the risk of the break below 0.6615 remains high.

Supports and resistances

0.6675

0.6660

0.6645

0.6629 Last

0.6615

0.6600

0.6585

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