AUD/USD may fall 23 - 43 pips

Pivot

0.6640

Our preference

Short positions below 0.6640 with targets at 0.6600 & 0.6580 in extension.

Alternative scenario

Above 0.6640 look for further upside with 0.6660 & 0.6670 as targets.

Comment

The break below the support at 0.6640 triggered a downward acceleration to 0.6580.

Supports and resistances

0.6670

0.6660

0.6640

0.6623 Last

0.6600

0.6580

0.6560

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