AUDUSD Analysis

The AUDUSD pair showed an upward movement last week and it is now trading above the 0.6909 key support level. As long as the price stays above 0.6909, on a four hourly basis, the rise may continue and the main resistance level can be seen at 0.6965. On the other hand, if the price drops below 0.6909, the next daily support level will be at 0.6848.


Support: 0. 6909 - 0.6848 - 0.6798
Resistance: 0.6965 - 0.7020 - 0.7080