AUDUSD Daily Analysis – October 21, 2019

AUDUSD extended its upside movement from 0.6723 to as high as 0.6865. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6835, a breakdown below this level could bring the price back to 1.6800 area.

AUDUSD 4-hour chart