AUD/USD may fall 13 - 33 pips

Pivot

0.6665

Our preference

Short positions below 0.6665 with targets at 0.6625 & 0.6605 in extension.

Alternative scenario

Above 0.6665 look for further upside with 0.6685 & 0.6700 as targets.

Comment

As long as the resistance at 0.6665 is not surpassed, the risk of the break below 0.6625 remains high.

Supports and resistances

0.6700

0.6685

0.6665

0.6638 Last

0.6625

0.6605

0.6590

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