AUDUSD Daily Analysis - September 12, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 12 September 2016 02:08 UTC
AUDUSD failed to break above 0.7755 resistance and is now facing 0.7489 support. A breakdown below this level will indicate that the uptrend from 0.7144 (May 24 low) had completed at 0.7755 already, then next target would be at 0.7200 zone. Resistance is at 0.7600, a break of this level will indicate that sideways movement in a range between 0.7489 and 0.7755 is underway.

audusd chart

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