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AUDUSD Weekly Analysis - April 6, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 April 2014 02:20 UTC
AUDUSD stays above the upward trend line on daily chart, and remains in uptrend from 0.8660, and the rise extended to as high as 0.9306. The uptrend could be expected to continue in a couple of weeks, and the target would be at 0.9600 area. Support is located at the trend line, only a clear break below the trend line support could signal completion of the uptrend.

audusd chart

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