AUDUSD Daily Analysis – March 25, 2015

AUDUSD broke above 0.7912 resistance, indicating that the uptrend from 0.7560 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 0.8050 area. Support is at 0.7700, only break below this level could trigger another fall towards 0.7000.

audusd chart