AUDUSD Daily Analysis – Wednesday, Nov. 13

AUDUSD’s downside movement from 0.6929 extended to as low as 0.6831. As long as 0.6865 resistance holds, the downside movement could be expected to continue and next target would be at 0.6800 area.

Only break above 0.6865 resistance could bring the price back to 0.6900 area.

AUDUSD 4-hour chart

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