AUDUSD Daily Analysis – July 17, 2020

AUDUSD remains in the uptrend from 0.6832, the pullback from 0.7037 is likely consolidation for the uptrend. As long as 0.6921 support holds, the upside movement could be expected to continue 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