AUDUSD Daily Analysis – Friday, Jan. 17

AUDUSD extended its upside movement from 0.6848 to as high as 0.6933. Further rise is still possible and next target would be at 0.6960 area.

Near term support is at 0.6877, a breakdown below this level could trigger another fall towards 0.6800.

AUDUSD 4-hour chart

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