AUDUSD Daily Analysis – June 20, 2014

AUDUSD is facing 0.9437 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9500 area. Key support is at 0.9321, only break below this level will signal completion of the uptrend, then deeper decline to 0.9250 area could be seen.

audusd chart