AUDUSD Daily Analysis – March 25, 2019

AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline is still possible and next target would be at 0.7000 area. Resistance is at 0.7100, a break of this level could bring the price back to 0.7140 area.

AUDUSD 4-hour chart