AUDUSD Daily Analysis – April 15, 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 trend line support holds, the upside movement could be expected to continue and next target would be at 0.6600 area. Key support is at 0.6325, only break below this level could signal completion of the uptrend.

AUDUSD 4-hour chart