AUDUSD Daily Analysis – October 18, 2019

AUDUSD broke above 0.6810 resistance, suggesting that the uptrend from 0.6670 has resumed. Further rise could be expected in a couple of days and next target would be at 0.6880 area. Near term support is at 0.6810, below this level could bring the price back to 0.6780 area.

AUDUSD 4-hour chart