AUDUSD Daily Analysis – August 12, 2019

AUDUSD remains in the uptrend from 0.6677, the pullback from 0.6821 is likely consolidation for the uptrend, further rise could be expected after the consolidation and next target would be at 0.6867 resistance. Near term support is at 0.6760, below this level could bring the price back to 0.6700 area.

AUDUSD 4-hour chart