AUDUSD Daily Analysis – Tuesday, July 24

Analyst and Forex Trader • Jul 24, 2018 at 4:30 AM EDT

AUDUSD failed to break above 0.7442 resistance and pulled back to 0.7370 area.

AUDUSD failed to break above 0.7442 resistance and pulled back to 0.7370 area. Another fall towards 0.7300 would likely be seen in a couple of days.

However, a break of 0.7442 resistance could trigger further upside movement towards 0.7550.

AUDUSD 4-hour chart

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