AUDUSD’s upside movement from 0.6401 to as high as 0.6983. Further rise would likely be seen and next target would be at 0.7100 area. Near term support is at 0.6850, a breakdown below this level could bring the price back towards the rising trend line on the 4-hour chart.
![AUDUSD 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2020/20200604_AUDUSD_1.png)