AUDUSD Daily Analysis – April 10, 2020

AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.5979. As long as the trendline support holds, the upside movement could be expected to continue and next target would be at 0.6500 area, only break below the trend line support could signal completion of the uptrend.

AUDUSD 4-hour chart