AUDUSD Daily Analysis – December 17, 2019

AUDUSD is in consolidation for the uptrend from 0.6754. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, and further rise to 0.7000 is still possible. Only break below the trend line support could signal completion of the uptrend.

AUDUSD 4-hour chart