AUD/USD remains in the downtrend from 0.7916, the bounce from 0.7672 is likely correction for the downtrend.
AUD/USD remains in the downtrend from 0.7916, the bounce from 0.7672 is likely correction for the downtrend. A breakdown below 0.7672 support could trigger another fall towards 0.7600. Resistance is at 0.7785, only a breakout of this level would suggest that the downtrend had completed at 0.7672 already, then further rise to 0.7850 area could be seen.
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