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FxWirePro: Sell AUD/USD on rallies around 0.6980-85 with SL around 0.7025 for the TP of 0.6925/0.6895.

Aussie has broken short term support 0.6980 and this confirms further short term weakness , a decline till 0.6925/0.6895 cannot be ruled out.

  • On the higher side minor resistance is around 0.7025 and break above indicates intra day bullishness , a jump till 0.7065/7100 is possible .

It is good to sell on rallies around 0.6980-85 with SL around 0.7025 for the TP of  0.6925/0.6895.

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