AUDUSD remains in the downtrend from 0.7081, the price action in the trading range between 0.6677 and 0.6821 could be treated as consolidation for the downtrend. As long as 0.6821 resistance holds, the downtrend could be expected to resume, further decline to 0.6600 area is still possible after the consolidation, only break above 0.6821 resistance could signal completion of the downtrend.
