AUDUSD Daily Analysis – Thursday, Sept. 7


AUDUSD stays in a rising price channel on its 4-hour chart and remains in uptrend from 0.7807.

As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 0.8065. only a clear break below the channel support could signal completion of the uptrend.

AUDUSD 4-hour chart

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