AUDUSD Daily Analysis – June 12, 2017

AUDUSD is in consolidation of the uptrend from 0.7371. Range trading between 0.7450 and 0.7566 would likely be seen over the next several days. Key support is at 0.7450, as long as this levels holds, the uptrend could be expected to resume, and further rise towards 0.7650 is still possible after the consolidation.

AUDUSD 4-hour chart