AUD/USD Daily Analysis - Wednesday, March 14

AUD/USD stays above a bullish trend line on its 4-hour and remains in the uptrend from 0.7712. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 0.7950 area. On the downside, a clear break below the trend line support would suggest that the upside move had completed at 0.7897 already, then another fall towards 0.7600 could be seen.

AUDUSD 4-hour chart

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