AUDUSD Daily Analysis – June 21, 2017

AUDUSD remains in the uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as this level holds, the uptrend could be expected to resume and further rise towards 0.7700 is still possible after the consolidation. Only a breakdown below 0.7519 support could signal completion of the uptrend.

AUDUSD 4-hour chart