AUDUSD Daily Analysis – July 10, 2019

AUDUSD broke below 0.6955 support, indicating that the upside movement from 0.6831 had completed at 0.7047 already. Further decline could be expected in the coming days and next target would be at 0.6850 area. Resistance is at 0.6950, a break of this level could bring the price back to 0.6990 area.

AUDUSD 4-hour chart