Currently: Cash Looking to: Sell / short @ 0.6262
As of 3/20/20 close: 0.5799
LAST WEEK: We suggested buying at last weeks levels with stops on a close below 0.6075 and with an upside target of 0.6510 for selling / shorting.
UPDATE: The AUDUSD stabbed through the key support level of 0.6075 and caused the chart to become even more bearish than before. Look for short-term support to come in at 0.5349 or 0.5021 and for resistance to come in at 0.6262. We would look to sell / short at 0.6262 with stops on a close above 0.6300 and with a downside target of 0.5349.