AUDUSD Daily Analysis – March 27, 2019

AUDUSD is in the downtrend from 0.7168, the bounce from 0.7065 is likely correction for the downtrend. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7168, only break above this level could trigger another rise towards 0.7250.

AUDUSD 4-hour chart