AUDUSD Weekly Analysis – August 27, 2017

AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 0.8162. key support is at 0.7807, only a breakdown below this level could signal completion of the uptrend.

AUDUSD daily chart