AUDUSD failed to break above 0.7734 resistance, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and the target would be at 0.7500 area.
AUDUSD Daily Analysis – October 27, 2016
AUDUSD failed to break above 0.7734 resistance, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and the target would be at 0.7500 area.