Tuesday, 15 November 2016

AUDUSD Daily Analysis - November 16, 2016 Forex Analysis

AUDUSD's downward movement from 0.7778 extended to as low as 0.7511. Further decline is still possible after a minor consolidation, and next target would be at 0.7400 area. Resistance is at 0.7620, only break above this level could signal completion of the downtrend.

audusd chart


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