AUDUSD Daily Analysis – July 10, 2018

AUDUSD’s upside movement from 0.7310 extended to as high as 0.7483. Further rise is still possible in a couple of days and next target would be at 0.7550 area. Support is now at 0.7420, only a breakdown below this level could bring the price back towards 0.7310 previous low.

AUDUSD 4-hour chart