The AUD/USD is in trending mode. We can see a clear sign of continuation to the upside above the blue level.
AUD/USD Technical Analysis
AUD/USD Continues Up
Point 4 is the first target
Full recovery towards 0.8000 above 0.7500
H4 Chart AUDUSD
Swing high
Swing low
Breakout point
Target
The AUD/USD is in trending mode. We can see a clear sign of continuation to the upside above the blue level. 0.7315 is the breakout point and the first intraday target 0.7375 should be hit today. We should see 0.7418 as the first swing target. If the market breaks above then the way towards 0.8000 is open as the final target for the AUD/USD recovery.
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