AUDUSD broke below 0.7732 support, indicating that the downtrend from 0.8124 has resumed. Further decline could be expected in the coming days and next target would be at the resistance-turned-support trend line on the weekly chart now at around 0.7690. Near term resistance is at the falling trend line on the 4- hour chart, only a clear break above the trend line resistance could signal completion of the downtrend from 0.7897.
