AUDUSD Daily Analysis – November 25, 2019

AUDUSD stays in a trading range between 0.6769 and 0.6840. The price action in the range is likely consolidation for the downtrend from 0.6929, further decline towards 0.6700 is possible after the consolidation. Only break above 0.6840 resistance could signal completion of the downtrend.

AUDUSD 4-hour chart