AUDUSD Daily Analysis – June 27, 2014

AUDUSD is facing 0.9444 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 indicate that the uptrend had completed at 0.9444 already, then deeper decline to 0.9250 area could be seen.

audusd chart