AUDUSD Daily Analysis – April 25, 2017

AUDUSD stays above the ascending trend line on 4-hour chart, and remains in uptrend from 0.7491. Further rise could be expected after a minor consolidation and next target would be at 0.7650 area. Support is located at the trend line, only a clear break below the trend line support could signal completion of the uptrend.

AUDUSD chart