AUDUSD Daily Analysis – November 29, 2018

AUDUSD broke above 0.7277 resistance, suggesting that the upside movement from 0.7020 has resumed. Further rise would likely be seen and a breakout of 0.7337 resistance could take the price to 0.7400 area. Support is at 0.7260, only a breakdown below this level could trigger another fall towards 0.7164 support.

AUDUSD 4-hour chart