AUDUSD Daily Analysis – July 10, 2017

AUDUSD remains in uptrend from 0.7328 (May 9 low), the fall from 0.7712 could be treated as consolidation of the uptrend. Key support is at 0.7535, as long as this support holds, the uptrend could be expected to resumed, and another rise towards 0.8000 is still possible. Near term resistance is at 0.7635, a break above this level could take price to test 0.7712 resistance.

AUDUSD 4-hour chart