AUDUSD Daily Analysis – October 30, 2018

AUDUSD’s short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150 area. Support is at 0.7020, only a breakdown below this level could trigger another fall towards 0.6900.

AUDUSD 4-hour chart