AUDUSD Daily Analysis – April 20, 2018

AUDUSD broke below 0.7738 key support, suggesting that the upside movement from 0.7642 had completed at 0.7813 already. Further decline could be expected after a minor consolidation and next target would be at 0.7650 area. Resistance levels are at 0.7760 and 0.7813, only break above these levels could trigger another rise towards 0.7850.

AUDUSD 4-hour chart