AUDUSD Daily Analysis – May 9, 2014

AUDUSD remains in uptrend from 0.9202, and the rise extended to as high as 0.9394. Further rise could be expected after a minor consolidation, 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