AUDUSD Daily Analysis – October 4, 2016

AUDUSD remains in uptrend from 0.7441, the fall from 0.7710 is likely consolidation of the uptrend. Further rise is possible after consolidation, and next target would be at 0.7900 area. Key support is at 0.7589, only break below this level could bring price back to 0.0.7300 zone.

audusd chart