AUD/USD Intraday: Rebound or deeper decline ahead?

Our pivot point is at 0.6995.
Our preference:
The downside prevails as long as 0.6995 is resistance, with 0.6953 and 0.6942 as targets
Alternative scenario:
above 0.6995, look for 0.7014 and 0.7025.
Comment:
Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.
Supports and resistances:
0.7025 **
0.7014 *
0.6995 **
0.6965 last
0.6953
0.6942 **
0.6931 *