AUDUSD Daily Analysis – June 23, 2014

AUDUSD broke above 0.9437 resistance, indicating that the uptrend from 0.9208 has resumed. Further rise could be expected, and next target would be at 0.9550 area. Support levels are at 0.9370 and 0.9321, only break below these levels could signal completion of the uptrend.

audusd chart