AUDUSD failed to break above 0.7755 resistance and stayed in the trading range between 0.7441 and 0.7755. Key support is at 0.7441, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.7144, and further rise to 0.8000 area is still possible after consolidation. However, a breakdown below 0.7441 support will indicate that the uptrend had completed at 0.7755 already, then the following downward movement could bring price to 0.6900 zone.
