AUDUSD Daily Analysis – March 25, 2014

AUDUSD broke above 0.9137 resistance, indicating that the uptrend from 0.8660 (Jan 24 low) has resumed. The uptrend could be expected to continue over the next several days, and next target would be at 0.9250 area. Support is at 0.9090, only break below this level will indicate that lengthier consolidation of the uptrend is underway, then the pair will find support around 0.9020.

audusd chart