AUDUSD continued its sideways movement in a trading range between 0.7056 and 0.7168. Key support is at 0.7056, as long as this level holds, the sideways movement could be treated as consolidation for the uptrend from 0.7003, further rise to 0.7200 area is still possible after the consolidation. On the other side, a breakdown below 0.7056 support would confirm that the upside movement had completed at 0.7168 already, then the pair would find next support at around 0.7000.
