AUDUSD remains in downtrend from 0.9756 (Oct 23, 2013 high), the price action from 0.8820 is likely consolidation of the downtrend. One more rise to 0.9040 area to complete the consolidation is possible in a couple of days. The downtrend could be expected to resume after consolidation, a breakdown below 0.8820 could signal resumption of the downtrend.
