(15 JULY 2020)AUD/USD Caution.

Pivot
 (invalidation): 0.6980
Our preference
Long positions above 0.6980 with targets at 0.7015 & 0.7025 in extension.
Alternative scenario
Below 0.6980 look for further downside with 0.6960 & 0.6930 as targets.
Comment
A support base at 0.6980 has formed and has allowed for a temporary stabilisatio

(By Swissquote TRADING CENTRAL)