AUDUSD Daily Analysis – June 26, 2017

AUDUSD remains in uptrend from 0.7371, the fall 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 to 0.7700 area is still possible. On the downside, a breakdown below 0.7519 support will indicate that the uptrend had completed at 0.7635 already, then the following downward movement could bring price to 0.7450 area.

AUDUSD 4-hour chart