AUDUSD Daily Analysis – June 29, 2017

AUDUSD broke above 0.7635 resistance, indicating that the uptrend from 0.7371 has resumed. Further rise could be expected after a minor consolidation and next target would be at 0.7700. Near term support is at 0.7575, as long as this level holds, the uptrend will continue.

AUDUSD 4-hour chart