AUDUSD Daily Analysis – September 23, 2019

AUDUSD extended its downside movement from 0.6894 to as low as 0.6759. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 0.6700 area, only break above the channel resistance could signal completion of the downtrend.

AUDUSD 4-hour chart