AUDUSD Daily Analysis – April 30, 2020

AUDUSD’s upside movement from 0.6253 extended to as high as 0.6558. Further rise is still possible in a couple of days and next target would be at 0.6650 area. Near term support is at 0.6480, below this level could bring the price back towards the bottom of the rising price channel on the 4-hour chart.

AUDUSD 4-hour chart