AUD/USD Daily Analysis – Friday, July 12

AUD/USD’s upside movement from 0.6910 extended to as high as 0.6987. Further rally is still possible after a minor consolidation and next target would be at 0.7030 area. Near term support is at 0.6965, a breakdown below this level could bring the price back to 0.6940 area.

AUDUSD 4-hour chart

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