No changed in our view, AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 could be treated as correction of the downtrend. Resistance is at 0.7280, as long as this level holds, the downtrend could be expected to resume and another fall towards 0.7100 is possible after the correction. Only a breakout of 0.7280 resistance could signal completion of the downtrend.
