AUDUSD Daily Analysis – October 31, 2019

AUDUSD’s upside movement from 0.6809 extended to as high as 0.6917. Further rise would likely be seen after a minor consolidation and next target would be at 0.6950 area. Near term support is at 0.6890, a breakdown below this level could bring the price back towards the rising trend line on the 4-hour chart.

AUDUSD 4-hour chart