AUDUSD Daily Analysis – March 24, 2020

AUDUSD is facing 0.5985 resistance, a break of this level could signal resumption of the uptrend from 0.5507, then further rise towards 0.6200 could be seen. Near term support is at 0.5650, only break below this level could trigger another fall towards 0.5400.

AUDUSD 4-hour chart