FxWirePro

Aussie faces strong support at 0.6940, break below targets 0.680

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
6
Aussie has made a high of 0.7414 on Friday and unable to break above that level. Short term trend is still weak as long as 0.7000 holds.

On the downside major support is around 0.6938 and any break below targets 0.6895/0.6800 level.

The pair's minor resistance is around 0.7000 and break above targets 0.7040/0.7065.

It is good to sell below 0.6940 with SL around 0.7000 for the TP of 0.6810
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