AUDUSD Daily Analysis – September 9, 2014

AUDUSD broke below 0.9315 support, indicating that the uptrend from 0.9237 had completed at 0.9401 already. Further decline to test 0.9237 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 0.9470 (Jul 24 high), then next target would be at 0.9100 area.

audusd chart