AUDUSD Daily Analysis – March 27, 2014

AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9244. Further rise could be expected after a minor consolidation, and next target would be at 0.9300 area. Support is now at 0.9175, only break below this level could signal completion of the uptrend.

audusd chart