Currently: Short Looking to: Cover @ 0.6998
As of 4/15/19 at 12:05am EST: 0.7176
LAST WEEK: We suggested selling / shorting at 0.7188 with stops on a close above 0.7200 and with a target of 0.6998.
UPDATE: The AUDUSD cross is bouncing again early Monday morning and looks set to challenge resistance between 0.7197 and 0.7209. The trading over the last week has turned the chart less bearish. If we see a close above 0.7209, it will open the door to a move up to 0.7400. We would hold existing shorts unless 0.7209 is conquered on the upside. If stopped, short up at 0.7400.