AUDUSD Daily Analysis – June 12, 2018

AUDUSD’s fall from 0.7676 extended to as low as 0.7560. Further decline is still possible and next target would be at the rising trend line on the 4-hour chart. Resistance levels are at 1.7630 and 0.7676, only break above these levels could trigger another rise towards 0.7750.

AUDUSD 4-hour chart