AUDUSD is facing 0.9316 resistance, a break above this level will indicate that the downtrend from 0.9461 had completed at 0.9227 already, then the following upward movement could bring price to 0.9550 – 0.9600 area. On the downside, as long as 09316 resistance holds, the downtrend from 0.9461 could be expected to resume, and one more fall to 0.9180 area is still possible.
