AUD/USD may fall 18 - 33 pips

Pivot

0.6630

Our preference

Short positions below 0.6630 with targets at 0.6595 & 0.6580 in extension.

Alternative scenario

Above 0.6630 look for further upside with 0.6650 & 0.6670 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.6630.

Supports and resistances

0.6670

0.6650

0.6630

0.6613 Last

0.6595

0.6580

0.6565

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