AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.6809 had completed at 0.6929 already. Deeper decline could be expected in the coming days and next target would be at 0.6840 area. On the upside, as long as 0.6840 support holds, the fall from 0.6929 would possibly be consolidation for the longer term uptrend from 0.6670, one more rise towards 0.6950 is still possible after the consolidation.
