Currently: Short Looking to: Cover @ 0.6631
As of 7/10/20 close: 0.69462
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 is also still hovering below projected resistance at 0.69746 0.7043. Just as with the EURUSD, we are sticking with the call / outlook from last week.
We would look to short AUDUSD up to 0.69746 with stops on a close above 0.7043 and with a target of 0.6631.