AUDUSD Daily Analysis – Monday, August 6

AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483.

Another rise towards 0.7483 would likely be seen in the coming days. Support is at 0.7348, below this level could trigger another fall to test 0.7310 support.

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.


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