AUDUSD Daily Analysis – June 28, 2018

AUDUSD broke below 0.7345 support, suggesting that the downside movement from 0.7676 has resumed. Further decline could be expected and next target would be at 0.7200 area. Resistance is at 0.7390, only a break of this level could bring the price back towards 0.7500.

AUDUSD 4-hour chart