AUDUSD Daily Analysis – April 7, 2015

AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 coudl be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.7400 area.

audusd chart