AUDUSD Weekly Analysis – February 25, 2018

AUDUSD is facing 0.7758 support. A breakdown below this level could signal resumption of the downtrend from 0.8135, then next target would be at 0.7500 area. Resistance is at 0.7988, only a breakout of this level could trigger another rise towards 0.8135 resistance.

AUDUSD daily chart