AUDUSD Daily Analysis – February 11, 2015

AUDUSD is in consolidation of the downtrend from 0.8294. Range trading between 0.7625 and 0.7950 would likely be seen over the next several days. Resistance is at 0.7950, as long as this level holds, the downtrend could be expected to resume, and next target would be at 0.7500 area.

audusd chart