AUDUSD Daily Analysis – March 24, 2015

AUDUSD is facing 0.7912 resistance, as long as this level holds, the sideways movement in a range between 0.7560 and 0.7912 could be expected to continue, and another fall towards 0.7000 is possible after consolidation. On the upside, a break of 0.7912 resistance will indicate that the uptrend from 0.7560 has resumed, then next target would be at 0.8000 zone.

audusd chart