AUDUSD Daily Analysis – September 25, 2018

AUDUSD is in consolidation for the uptrend from 0.7085. Range trading between 0.7200 and 0.7303 would likely be seen in a couple of days. As long as 0.7200 support holds, the upside movement could be expected to continue and next target would be at 0.7350 area. However, a breakdown below 0.7200 support would indicate that the upside movement is complete, then deeper decline to 0.7140 area could be seen.

AUDUSD 4-hour chart