AUDUSD Daily Analysis – June 4, 2019

AUDUSD extended its upside movement from 0.6864 to as high as 0.6982. Further rise is still possible in a couple of days and next target would be at 0.7000 area. Near term support is at 0.6945, only a breakdown below this level could bring the price back to 0.6900 zone.

AUDUSD 4-hour chart