AUDUSD remains in downtrend from 0.9470, the rise from 0.9238 could be treated as consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9100 area. Only a clear break above the trend line resistance could signal completion of the downtrend.
