AUDUSD’s downward movement from 0.9373 extended to as low as 0.9263. Further decline to test 0.9237 support is possible, a breakdown below this level will indicate that the uptrend from 0.8660 (Jan 24 low) had completed at 0.9504 (Jul 1 high) already, then the following downward movement could bring price to 0.8000 area.
