AUD/USD Daily Analysis – Tuesday, Feb. 5

AUD/USD remains in the uptrend from 0.7075, the fall from 0.7295 is likely consolidation for the uptrend. Further rise towards 0.7400 would likely be seen after the consolidation. Support is at 0.7193, below this level could bring the price back to 0.7100 area.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.