AUDUSD Daily Analysis – July 26, 2018

AUDUSD broke above 0.7442 resistance and extended its upside movement from 0.7317 to as high as 0.7464. Further rise to test 0.7483 resistance could be expected and a break of this level could trigger further upside movement towards 0.7550 area. Support levels are at 0.7410 and 0.7355, only break below these levels could bring the price back towards 0.7300.

AUDUSD 4-hour chart