AUDUSD broke below the bottom support trend line of the price channel on 4-hour chart, indicating that the upward movement from 0.7328 had completed at 0.7517 already. Further decline could be expected over the next several days and next target would be at 0.7350 area. Resistance levels are at 0.7480 and 0.7517, only break above these levels could trigger another rise towards 0.7600.
