AUDUSD Weekly Analysis – November 3, 2019

AUDUSD is facing the resistance of the falling trend line on the daily chart. A break of the trend line resistance would indicate that the downside movement from 0.7295 had completed at 0.6670 already, then next target would be at 0.7100 area. Near term support is at 0.6800, below this level could trigger another fall towards 0.6600.

AUDUSD daily chart