AUDUSD Daily Analysis – September 28, 2017

AUDUSD is now facing the 0.7807 support, a breakdown below this level would confirm that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already, then the pair would find next support at the resistance-turned-support trend line on the weekly chart now at around 0.7700. Near term resistance is at 0.7900, only break above this level could bring price back to next resistance level at 0.7986.

AUDUSD 4-hour chart