AUDUSD Daily Analysis – March 30, 2020

AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.5507. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 0.6400 area. Key support is at 0.5864, only break below this level could signal completion of the uptrend.

AUDUSD 4-hour chart