AUDUSD Weekly Analysis – December 24, 2017

AUDUSD is now facing 0.7729 resistance. A breakout of this level will confirm that the downside movement from 0.8124 had completed at 0.7501 already, then further rally towards 0.7897 resistance could be seen. Support levels are at 0.7580 and 0.7501, only break below these levels could take price back towards 0.7328. Below here would aim 0.7144.

AUDUSD daily chart