AUDUSD Weekly Analysis – July 14, 2019

AUDUSD is in the uptrend from 0.6831, the pullback from 0.7047 is likely corrective consolidation for the uptrend. Further rally could be expected in a couple of week and a break of 0.7047 resistance could take the price to 0.7150 area. Support is at 0.6900, only a breakdown below this level could trigger another fall towards 0.6765 support.

AUDUSD daily chart