AUDUSD Daily Analysis – May 26, 2020

AUDUSD remains in the uptrend from 0.6401, the pullback from 0.6615 is likely consolidation for the uptrend. Further rise could be expected and next target would be at 0.6700 area. Support is at 0.6500, only break below this level could trigger another fall towards 0.6372 support.

AUDUSD 4-hour chart