AUDUSD near key 0.7000 handle. Interesting level to trade.

The 0.7000 handle has historically generated a lot of interest among both and Bulls and Bears of this Currency pair.
This hot price cannot be ignored and can quickly become a scalpers paradise with lot of sharp movements around the 0.7000 area.

Our view is that a sharp pull-back is expected below 0.7020 for a 50-75 pips.