AUD/USD Weekly Analysis – Monday, June 24

AUD/USD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.6831.

AUD/USD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.6831. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 0.7000 area. Key support is at 0.6903, only a breakdown below this level could signal completion of the uptrend.

AUDUSD 4-hour chart

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