AUDUSD Daily Analysis – November 12, 2014

AUDUSD’s upward movement from 0.8540 extended to as high as 0.8719. Further rise is still possible and the target would be at 0.8750 area. Support levels are at 0.8590 and 0.8540, only break below these levels could trigger another fall to 0.8400 zone.

audusd chart