AUDUSD extended its downside movement from 0.7916 to as low as 0.7698, breaking below 0.7712 support.
AUDUSD extended its downside movement from 0.7916 to as low as 0.7698, breaking below 0.7712 support.
Further decline could be expected after a minor consolidation and next target would be at 0.7600 area.
Near-term resistance is at 0.7745, a break of this level would suggest that consolidation for the downtrend is underway, then the pair would find next resistance level at around 0.7770.
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