AUDUSD Daily Analysis – February 11, 2020

AUDUSD is facing 0.6710 resistance, a break of this level could trigger another rise towards 0.6760. On the downside, as long as 0.6710 resistance holds, the downtrend from 0.7031 could be expected to continue and next target would be at 0.6600 area.

AUDUSD 4-hour chart