AUDUSD Daily Analysis – June 10, 2019

AUDUSD’s upside movement from 0.6864 extended to as high as 0.7021. Further rise is still possible and next target would be at 0.7050 area. Key support is at 0.6962, only a breakdown below this level would indicate that the upside movement is complete, then the pair would find next support level at around 0.6900.

AUDUSD 4-hour chart