AUDUSD Daily Analysis – September 25, 2019

AUDUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 0.6894 had completed at 0.6759 already. Further ally would likely be seen in a couple of days and next target would be at 0.6850 area. Support is at 0.6759, only a breakdown below this level could trigger another fall towards 0.6650.

AUDUSD 4-hour chart