AUD/USD may fall 22 - 42 pips

Pivot

0.6660

Our preference

Short positions below 0.6660 with targets at 0.6625 & 0.6605 in extension.

Alternative scenario

Above 0.6660 look for further upside with 0.6680 & 0.6695 as targets.

Comment

The break below 0.6660 is a negative signal that has opened a path to 0.6625.

Supports and resistances

0.6695

0.6680

0.6660

0.6647 Last

0.6625

0.6605

0.6580

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