Currently: Short Looking to: Cover @ 0.6725
As of 6/24/19 at 2:57am EST: 0.6952
LAST WEEK: We suggested shorting at 0.6938 with stops on a close above .06963 and with a ST target of 0.6813.
UPDATE: The AUDUSD cross has rallied recently on a weak US Dollar and short-term strength in crude oil and copper. It still has not broken the bearish overall trend, though. We are modifying our call from last week and are suggesting shorts at .7025 with stops above 0.7100 and with a target of 0.6725.