AUDUSD Daily Analysis – July 31, 2018

AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7300 would likely be seen in a couple of days. Near term resistance is at 0.7425, only break above this level could trigger another upside movement to test 0.7483 resistance.

AUDUSD 4-hour chart