AUDUSD Daily Analysis - September 28, 2016

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 28 September 2016 04:18 UTC
AUDUSD's upward movement from 0.7441 extended to as high as 0.7695. Key support is now at 0.7602, as long as this level holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance is still possible. On the downside, a breakdown below 0.7602 support will indicate that the uptrend is complete, then the following downward movement could bring price back to 0.7400 zone.

audusd chart

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