AUD/USD Daily Analysis – Friday, Jan. 18

AUD/USD is in consolidation for the uptrend from 0.6765. Range trading between 0.7100 and 0.7235 would likely be seen over the next several days. As long as 0.7100 support holds, the uptrend could be expected to resume and one more rise towards 0.7300 is still possible after the consolidation.

AUDUSD 4-hour chart

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