Currently: Short Looking to: Cover @ 0.6631
As of 7/3/20 close: 0.69427
LAST WEEK: We suggested shorting bounces to 0.69746 with stops on a close above 0.7043 and with a target of 0.6631.
UPDATE: AUDUSD drifted higher all week and is getting closer to the short-entry level we put forth last week at 0.69746.
No changes to our outlook or calls from last week: look to short bounces to 0.69746 with stops on a close above 0.7043 and with a target of 0.6631.