AUDUSD Daily Analysis – June 20, 2017

AUDUSD is forming a sideways movement in a range between 0.7567 and 0.7635. Near term support is at 0.7567, as long as this level holds, the uptrend from 0.7371 could be expected to continue and further rise towards 0.7700 is possible after the consolidation. Key support is at 0.7519, only a break below this level could signal completion of the uptrend.

AUDUSD 4-hour chart