Thursday 22 September 2016

AUDUSD Daily Analysis - September 23, 2016 Forex Analysis

AUDUSD continued its upward movement from 0.7441, and the rise extended to as high as 0.7674. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance is possible. Only a clear break below the channel support could signal completion of the uptrend.

audusd chart


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