AUDUSD Weekly Analysis – June 17, 2017

AUDUSD continued its upside movement from 0.7328 and the rise extended to as high as 0.7635. The uptrend could be expected to continue and next target would be at 0.8000 area. Near term support is at 0.7500, only a break below this level could trigger another fall towards 0.7200.

AUDUSD daily chart