Currently: Short Looking to: Cover now; buy @ 0.6924
As of 6/10/19 as of 2:37am EST: 0.6970
LAST WEEK: We suggested selling / shorting at 0.6981 with stops on a close above 0.7070 and with a target of 0.6305.
UPDATE: The AUDUSD cross rebounded up to projected resistance at 0.6981 last week and has pulled back modestly. The way trading has been and how the chart has developed, we believe AUDUSD may stage a decent short-term rally up towards 0.7296 or 0.7421. We would be buying dips in AUDUSD at 0.6925 with stops below 0.6915 and with a target of 0.7296.