AUDUSD Daily Analysis – March 22, 2019

AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7003. As long as the trend line support holds, the pullback from 0.7168 could be treated as consolidation for the uptrend, and another rise towards 0.7200 could be expected after the consolidation. Only a breakdown below the trend line support could signal completion of the uptrend.

AUDUSD 4-hour chart