AUDUSD Daily Analysis – September 1, 2023

AUD/USD is currently in an uptrend from the 0.6363 level. The pair is expected to continue its rally in the coming days, with the next target set around the 0.6600 area.

The immediate support level can be found at 0.6440. Only a breakdown below this level would potentially trigger another fall in price, testing the 0.6363 support level.

Traders should closely monitor the price action in AUD/USD, paying attention to the behavior around the immediate support level at 0.6440. This will provide valuable insight into the potential continuation or reversal of the current uptrend.