AUD/USD: Technical Analysis: Bears in the kill zone, target 0.6980 for break to 0.6802

• While developing lower within the descending bearish channel, AUD/USD has moved into the eclipse zone which is below both critical horizontal support as well as the flash crash trend line support. 
• The 4HR Cloud is bearish with price developing below cloud resistance and Tenken-Sen leading the way. 
• A break of 0.6980 opens the flood gates to 0.68 the figure. 
• On the flip side, a break above 0.7050 will start to negate the descending channel's dominance, clearing out stale shorts and caution should be applied.

AUD/USD 4HR Chart