AUDUSD Weekly Analysis – April 21, 2019

AUDUSD’s upside movement from 0.7003 extended to as high as 0.7205. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target would be at 0.7300 area. Only a clear break below the trend line support could signal completion of the uptrend.

AUDUSD daily chart