AUDUSD Daily Analysis – December 6, 2016

AUDUSD is facing 0.7497 resistance, a break of this level will indicate that the uptrend from 0.7310 has resumed, then next target would be at 0.7600 area. On the downside, as long as 0.7497 resistance holds, another fall to 0.7350 area is still possible.

audusd chart