AUDUSD Daily Analysis – January 26, 2015

AUDUSD remains in downtrend from 0.8294, and the fall extended to as low as 0.7857. Further decline could be expected after a minor consolidation, and next target would be at 0.7600 area. Resistance is at 0.8000, as long as this level holds, the downtrend will continue.

audusd chart