AUDUSD Daily Analysis – February 18, 2014

AUDUSD remains in uptrend from 0.8660, and the rise extended to as high as 0.9080. The uptrend could be expected to continue, and next target would be at 0.9200 area. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is at 0.8906, only break below this level could signal completion of the uptrend.

audusd chart