AUDUSD Daily Analysis – June 18, 2014

AUDUSD broke below 0.9349 support, indicating that the uptrend from 0.9208 had completed at 0.9437 already. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance levels are at 0.9385 and 0.9437, only break above these levels could trigger another rise to 0.9500 area.

audusd chart