(26 JUNE 2019)AUD/USD:Key resistance at 0.6975.

Pivot (invalidation): 0.6975

Our preference

Short positions below 0.6975 with targets at 0.6945 & 0.6925 in extension.

Alternative scenario

Above 0.6975 look for further upside with 0.7000 & 0.7020 as targets.

Comment

As Long as the resistance at 0.6975 is not surpassed, the risk of the break below 0.6945

remains high. 

(By Swissquote TRADING CENTRAL)