AUDUSD Daily Analysis – June 16, 2017

AUDUSD remains in uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as the pair is above this level, the uptrend could be expected to continue, and next target would be at 0.7700. Only a breakdown below 0.7519 support could signal completion of the uptrend.

AUDUSD 4-hour chart