AUDUSD Daily Analysis – June 18, 2018

AUDUSD extended its downside movement from 0.7676 to as low as 0.7625, facing the 0.7412 support. A breakdown below this level could trigger further downside movement towards 0.7300. Resistance is at 0.7520, as long as this level holds, the downtrend will continue.

AUDUSD 4-hour chart