AUDUSD Daily Analysis – September 22, 2017

After correction, AUDUSD broke below 0.7939 support and continued its downside movement from 0.8124. Further decline could be expected in a couple of days and next target would be at 0.7871, followed by 0.7807. Key resistance is at 0.8124, only break above this level could trigger another rise towards 0.8162.

AUDUSD 4-hour chart