AUD/USD may fall 25 - 45 pips.

AUD/USD may fall 25 - 45 pips.

Pivot 0.6980
Our preference : Short positions below 0.6980 with targets at 0.6920 & 0.6900 in extension.

Alternative scenario Above 0.6980 look for further upside with 0.7010 & 0.7030 as targets.

Comment : The RSI is bearish and calls for further decline.