AUDUSD Daily Analysis – November 12, 2019

AUDUSD extended its downside movement from 0.6929 to as low as 0.6831. Further decline would likely be seen in the coming days and next target would be at 0.6800 area. Near term resistance is at 0.6865, a break of this level could bring the price back towards 0.6900.

AUDUSD 4-hour chart