AUDUSD Daily Analysis – September 21, 2017

No changed in our view, AUDUSD is now in a downtrend from 0.8124, the bounce from 0.7939 could be treated as correction of the downtrend. Further decline would likely be seen after the correction, and next target would be at 0.7871, followed by 0.7807. Only break above 0.8124 resistance could trigger another rise towards 0.8162.

AUDUSD 4-hour chart