(26 JUNE 2020)AUD/USD The bias remains bullish.

Pivot
 (invalidation): 0.6860
Our preference
Long positions above 0.6860 with targets at 0.6900 & 0.6920 in extension.
Alternative scenario
Below 0.6860 look for further downside with 0.6845 & 0.6825 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)