AUDUSD remains in downtrend from 0.9470, the price action in the range between 0.9275 and 0.9342 is likely consolidation of the downtrend. Resistance at 0.9342, as long as this level holds, the downtrend could be expected to resume, and next target would be at 0.9250 area. Only break above 0.9342 resistance could signal completion of the downtrend.
