AUDUSD Daily Analysis – October 23, 2019

AUDUSD broke below 0.6860 support, suggesting that the upside movement from 0.6723 had completed at 0.6882 already. Further decline could be expected in the coming days and next target would be at 0.6820 area. Resistance is at 0.6882, only break above this level could trigger another rise towards 0.6950.

AUDUSD 4-hour chart