AUDUSD Weekly Analysis – June 10, 2017

AUDUSD’s bounce from 0.7328 extended to as high as 0.7566. Further rise could be expected in a couple of weeks and next target would be at around 0.7700. Support is at 0.7450, only a breakdown below this level could trigger another fall to test 0.7328 key support.

AUDUSD daily chart