AUD/USD Intraday: the downside prevails.

Pivot: 0.6625

Our preference: short positions below 0.6625 with targets at 0.6585 & 0.6570 in extension.

Alternative scenario: above 0.6625 look for further upside with 0.6640 & 0.6655 as targets.

Comment: as long as the resistance at 0.6625 is not surpassed, the risk of the break below 0.6585 remains high.

Supports and resistances:

0.6655

0.6640

0.6625

0.6605 Last

0.6585

0.6570

0.6550