AUDUSD Daily Analysis – November 21, 2014

AUDUSD is facing 0.8540 support, a breakdown below this level will indicate that the downtrend from 0.8910 has resumed, then next target would be at 0.8400 area. Resistance is at 0.8670, as long as this level holds, the downtrend from 0.8795 will continue.

audusd chart