AUDUSD Daily Analysis – April 8, 2020

AUDUSD is facing 0.6213 resistance, a breakout of this level could signal resumption of the uptrend from 0.5507, then next target would be at 0.6400 area. Near term support is at 0.6070, a breakdown below this level could trigger another fall towards 0.5800.

AUDUSD 4-hour chart