AUDUSD Daily Analysis – November 16, 2018

AUDUSD is facing 0.7302 resistance, a breakthrough this level could signal resumption of the uptrend from 0.7020, then further rise towards 0.7400 could be seen. Near term support is at 0.7245, a breakdown below this level could bring the price back towards 0.7164 support.

AUDUSD 4-hour chart