AUD/USD Daily Analysis - Monday, June 4

AUD/USD failed to breakout of 0.7605 resistance and stayed in the trading range between 0.7476 and 0.7605. Another rise to test 0.7605 resistance is possible and a breakout of this level could take the price to 0.7650 area. Key support is at 0.7476, only a breakdown below this level could signal completion of the uptrend from 0.7412.

AUDUSD 4-hour chart

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