AUDUSD Daily Analysis – September 15, 2014

AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0,.8998. Further decline could be expected after a minor consolidation, and next target would be at 0.8800 area. Resistance levels are at 0.9060 and 0.9100, only break above these levels could signal completion of the downtrend.

audusd chart