AUDUSD Daily Analysis – April 13, 2017

AUDUSD broke above 0.7514 resistance, indicating that the downward movement from 0.7679 had completed at 0.7473 already. Further rise could be expected and next target would be at 0.7570, followed by 0.7600. Support levels are at 0.7500 and 0.7473, only break below these levels could bring price back to the downtrend.

AUDUSD chart