AUDUSD Daily Analysis – August 22, 2017

AUDUSD is facing 0.7962 resistance. A break above this level could signal resumption of the uptrend from 0.7807, then further rise to test 0.8065 resistance could be seen. Support levels are at 0.7870 and 0.7807, only break below these levels could trigger another fall towards 0.7700.

AUDUSD 4-hour chart