AUDUSD Daily Analysis – November 24, 2014

AUDUSD failed to break below 0.8540 support, and stayed in the trading range between 0.8540 and 0.8795. Further rise to test 0.8795 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 0.8540, then next target would be at 0.8880 area.

audusd chart