AUDUSD Weekly Analysis – January 27, 2019

AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend. Range trading between 0.6900 and 0.7235 would likely be seen in a couple of weeks. Another rise could be expected after the consolidation and next target would be at 0.7350 area.

AUDUSD 4-hour chart