AUDUSD Daily Analysis – November 28, 2019

AUDUSD extended its downside movement from 0.6834 to as low as 0.6758. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area. Key resistance is at 0.6795, only break above this level could trigger another rise towards 0.6850.

AUDUSD 4-hour chart