AUD/USD ST: under pressure.

Pivot: 0.6240

Our preference: short positions below 0.6240 with targets at 0.5800 & 0.5650 in extension.

Alternative scenario: above 0.6240 look for further upside with 0.6400 & 0.6540 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

0.6540

0.6400

0.6240

0.6000 Last

0.5800

0.5650

0.5500