AUDUSD Daily Analysis – July 15, 2020

AUDUSD broke above 0.7000 resistance, suggesting that the upside movement from 0.6832 has resumed. Further rise would likely be seen and next target would be at 0.7100 area. Key support is at 0.6921, a breakdown below this level could trigger another fall towards 0.6800.

AUDUSD 4-hour chart