AUDUSD Daily Analysis – October 11, 2018

AUDUSD is facing 0.7041 support, a breakdown below this level could trigger another downside movement towards 0.6900. Resistance is at 0.7130, a break of this level would confirm that the downside movement from 0.7314 is complete, then next target would be at 0.7200 area.

AUDUSD 4-hour chart