AUD/USD may fall 18 - 33 pips

Pivot

0.6645

Our preference

Short positions below 0.6645 with targets at 0.6600 & 0.6585 in extension.

Alternative scenario

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

Comment

The immediate trend remains down and the momentum is strong.

Supports and resistances

0.6675

0.6660

0.6645

0.6618 Last

0.6600

0.6585

0.6570

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