Source: PaxForex Premium Analytics Portal, Technical Insight

AUD/USD: a move to 0.6758 is easily achievable with a breakdown below 0.7106 - Credit Suisse.

AUD/USD,D1

Pivot: 0.7122

Analysis:

Provided that the currency pair is traded below 0.7315, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 0.7122
• Take Profit 1: 0.7100
• Take Profit 2: 0.7010

Alternative scenario: 

In case of break-out of the level 0.7315, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 0.7315
• Take Profit 1: 0.7430
• Take Profit 2: 0.7555

Comment:

RSI shows the possibility of a downtrend during the day.

Key levels: