AUDUSD Daily Analysis – January 21, 2020

AUDUSD is facing 0.6848 support, a breakdown below this level could signal resumption of the downtrend from 0.7031, then next target would be at 0.6800 area. Near term resistance is at 0.6890, above this level could trigger another rise towards 0.6950.

AUDUSD 4-hour chart