AUD/USD Daily Analysis – Monday, October 21

AUD/USD extended its upside movement from 0.6723 to as high as 0.6865. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6835, a breakdown below this level could bring the price back to 1.6800 area.

AUDUSD 4-hour chart

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