(03 JULY 2020)AUD/USD Caution.

Pivot
 (invalidation): 0.6930
Our preference
Short positions below 0.6930 with targets at 0.6910 & 0.6900 in extension.
Alternative scenario
Above 0.6930 look for further upside with 0.6945 & 0.6960 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.6930.

(By Swissquote TRADING CENTRAL)