AUDUSD Daily Analysis – July 26, 2019

AUDUSD extended its downside movement from 0.7081 to as low as 0.6940. Further decline is till possible after a minor consolidation and next target would be at 0.6900 area. Resistance is at 0.6970, a break of this level could bring the price back to 0.7000 area.

AUDUSD 4-hour chart