AUDUSD Daily Analysis – May 8, 2014

AUDUSD is now in uptrend from 0.9202, and the rise extended to as high as 0.9374. Further rise could be expected, and next target would be at 0.9500 area. Support levels are at 0.9315 and 0.9250, only break below these levels could trigger another fall towards 0.9000.

audusd chart