AUDUSD Daily Analysis – April 19, 2019

AUDUSD broke below the bottom support trend line on the rising price channel on the 4-hour chart. Deeper decline could be expected in the coming days and next target would be at 0.7050 area. Resistance is at 0.7170, only break above this level could trigger another rise towards 0.7250.

AUDUSD 4-hour chart