(05 JUNE 2020)AUD/USD Bullish bias above 0.6915.

Pivot
 (invalidation): 0.6915
Our preference
Long positions above 0.6915 with targets at 0.6985 & 0.7025 in extension.
Alternative scenario
Below 0.6915 look for further downside with 0.6880 & 0.6850 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)