AUDUSD broke below 0.9651 key support, suggesting that the uptrend from 0.8066 has completed at 1.0182 level already. Deeper decline is now in favor and next target would be at 0.9300-0.9400 area. Resistance is at 0.9800, as long as this level holds, downtrend from 1.0182 could be expected to continue.
For long term analysis, AUDUSD has formed a cycle top at 1.0182 level on weekly chart, pullback to 0.9000 could be seen in next several weeks.
