AUDUSD remains in downtrend from 0.9085, the price action from 0.8756 could be treated as consolidation of the downtrend. Key resistance is at 0.8887, as long as this level holds, the downtrend could be expected to resume, and next target would be at 0.8500 area. On the upside, a break above 0.8887 resistance will signal completion of the downtrend from 0.9085, then further rise to 0.9000 area could be seen.
