AUDUSD Weekly Analysis – July 20, 2019

AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. 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 0.7200 area, only break below the trend line support could signal completion of the uptrend.

AUDUSD daily chart