AUDUSD extended its downside movement from 0.7031 to as low as 0.6661, breaking below 0.6670 support. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target would be at 0.6450 area. On the upside, a break of the trend line resistance would indicate that the downside movement from 0.7031 is complete, then another rise towards 0.7000 could be seen.
