AUDUSD Daily Analysis – June 24, 2014

AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9208. Support is located at the trend line, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.9550 area. Key support is at 0.9321, only break below this level could signal completion of the uptrend.

audusd chart