AUDUSD Daily Analysis – June 25, 2019

AUDUSD’s upside movement from 0.6831 extended to as high as 0.6972. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 0.7000 area, only a clear break below the trend line support could signal completion of the uptrend.

AUDUSD 4-hour chart