AUD/USD Daily Analysis – Wednesday, June 20

AUD/USD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend. Resistance is now at 0.7440, only a breakout of this level could signal completion of the downtrend.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience.

Comments

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