AUDUSD Weekly Analysis – Sunday, March 25


AUDUSD stays below a bearish trend line on its daily chart and remains in the downtrend from 0.8135.

As long as the price is below the trend line, the downside movement could be expected to continue and next target would be at 0.7500 area.

Only a clear break above the trend line resistance could signal completion of the downtrend.

AUDUSD daily chart

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