AUDUSD stayed in the narrow range between 0.7441 and 0.7755 for several weeks. 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. Only break 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.
