AUDUSD Daily Analysis – April 23, 2019

AUDUSD extended its downside movement from 0.7205 to as low as 0.7121. Further decline is still possible in a couple of days and next target would be at 0.7080 area. Resistance is at 0.7170, only break above this level could trigger another rise towards 0.7250.

AUDUSD 4-hour chart