AUDUSD Daily Analysis – January 11, 2017

AUDUSD’s upward movement extended to as high as 0.7384. Support is at 0.7287, as long as this level holds, the uptrend could be expected to continue, and further rise to 0.7450 area is still possible. Only break below 0.7287 support could signal completion of the uptrend.

audusd chart