AUDUSD is in downtrend from 0.7555, the rise from 0.7367 is likely consolidation of the downtrend. Range trading between 0.7367 and 0.7450 would likely be seen in a couple of days. Resistance is at 0.7450, only a break above this level will indicate that lengthier consolidation for the longer term downtrend from 0.7610 is underway, then the pair will find resistance at the descending trend line on 4-hour chart.
