AUDUSD Weekly Analysis – September 13, 2014

AUDUSD broke below 0.9202 support, indicating that the uptrend from 0.8660 had completed at 0.9504 already. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at 0.9250, only break above this level could trigger another rise to 1.0000 zone.

audusd chart