AUDUSD continued its downward movement from 0.7679 and the fall extended to as low as 0.7532. Further decline to test 0.7490 support is possible in a couple of days. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend will continue. Key resistance is at 0.7590, only break above this level could signal completion of the downtrend.
