AUDUSD Daily Analysis – Friday, Sept. 22

After correction, AUDUSD broke below 0.7939 support and continued its downside movement from 0.8124.

After correction, AUDUSD broke below 0.7939 support and continued its downside movement from 0.8124.

Further decline could be expected in a couple of days and next target would be at 0.7871, followed by 0.7807.

Key resistance is at 0.8124, only break above this level could trigger another rise towards 0.8162.

AUDUSD 4-hour chart

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