AUD/USD Intraday: the downside prevails.

Pivot: 0.6440

Our preference: short positions below 0.6440 with targets at 0.6405 & 0.6385 in extension.

Alternative scenario: above 0.6440 look for further upside with 0.6465 & 0.6485 as targets.

Comment: as long as the resistance at 0.6440 is not surpassed, the risk of the break below 0.6405 remains high.

Supports and resistances:

0.6485

0.6465

0.6440

0.6414 Last

0.6405

0.6385

0.6365