Currently: Cash Looking to: Buy @ 0.6946
As of 5/13/19 at 1:15pm EST: 0.6974
LAST WEEK: We suggested getting long down at 0.6945 with stops below 0.6900 and with a target for selling / shorting up at 0.7400.
UPDATE: The AUDUSD cross is working its way lower towards our projection at 0.6945. We are still sticking with our call for a test and hold there (short-term) and for a subsequent bounce to 0.7400. We would be starting new longs at 0.6946 with stops below 0.6900 and with an upside target of 0.7400.