AUDUSD Daily Analysis – October 23, 2018

AUDUSD extended its downside movement from 0.7159 to as low as 0.7063. Deeper decline to test 0.7041 support is possible, below this level would aim 0.6900 area. Resistance is at 0.7110, only a break of this level could trigger another rise towards 0.7200.

AUDUSD 4-hour chart