AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend from 0.6776 (Jun 15 low), and further rise to 0.7350 area is still possible. Key support is at 0.7063, a breakdown below this level could bring the price back towards 0.6900.
