Analysis


AUDUSD Daily Analysis

AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall to test 0.7310 would likely be seen in the coming days, a breakdown below this level could trigger further downside movement towards 0.7200 area. Resistance is at 0.7400, only break above this level could bring the price back towards 0.7483 resistance.