AUD/USD may fall 22 - 42 pips.

AUD/USD may fall 22 - 42 pips.

Pivot 0.7120
Our preference : Short positions below 0.7120 with targets at 0.7065 & 0.7045 in extension.

Alternative scenario Above 0.7120 look for further upside with 0.7145 & 0.7165 as targets.

Comment : As long as 0.7120 is resistance, expect a return to 0.7065.