AUDUSD Daily Analysis – March 9, 2018

AUDUSD’s short term uptrend from 0.7712 had completed at 0.7842 already. Another fall could be expected in the coming days and next target would be at 0.7712 support. Below this level would confirm that the downtrend from 0.8135 has resumed, then further decline towards 0.7600 could be seen. Resistance is at 0.7842, only break above this level could trigger another rise into 0.7950 zone.

AUDUSD 4-hour chart