AUDUSD Daily Analysis – Thursday, Sept. 19

AUDUSD is now in the downtrend from 0.6894.

AUDUSD is now in the downtrend from 0.6894. As long as the price is below the falling trend line on the 4-hour chart, the downtrend could be expected to continue and next target would be at 0.6750 area.

Near-term resistance is at 0.6820, above this level could bring the price back towards the trend line.

AUDUSD 4-hour chart

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