AUDUSD failed to breakout of 0.7235 resistance and dropped sharply to 0.7140 area. Further decline to test 0.7085 support is possible in the coming days, a breakdown below this level could trigger further downside movement towards 0.7000. Near term resistance is at 0.7180, only a break of this level could bring the price back to retest 0.7235 resistance.
