AUDUSD Daily Analysis – March 29, 2019

AUDUSD broke below 0.7065 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline could be expected in the coming days and next target would be at 0.7000 area. Near term resistance is at 0.7110, above this level could trigger another rise to 0.7150 area.

AUDUSD 4-hour chart