AUDUSD remains in the downtrend from 0.7916, the rise from 0.7642 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 0.7642 support could take price to 0.7600 zone. Resistance is now at 0.7700, only a break of this level could bring price back to 0.7760 zone.
