AUDUSD Daily Analysis – November 7, 2016

AUDUSD remains in uptrend from 0.7557, the fall from 0.7696 is likely consolidation of the uptrend. Further rise would likely be seen over the next several days, and next target would be at 0.7800 area. Support is at 0.7620, as long as this level holds, the uptrend will continue.

audusd chart