AUDUSD Daily Analysis – March 10, 2014

AUDUSD remains in uptrend from 0.8890, the fall from 0.9133 could be treated as consolidation of the uptrend. Another rise could be expected, and next target would be at 0.9250 area. Support is at 0.9000, only break below this level will indicate that lengthier consolidation of the longer term uptrend from 0.9660 is underway, then deeper decline to 0.8900 area could be seen.

audusd chart