AUDUSD Daily Analysis – March 15, 2019

AUDUSD broke below 0.7048 support, suggesting that the short term uptrend from 0.7003 had completed at 0.7097 already. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7097, only a break of this level could trigger another rise towards 0.7170.

AUDUSD 4-hour chart