AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9401 (Sept 5 high). Another fall to re-test 0.8642 support is possible, a breakdown below this level could signal resumption of the downtrend, then next target would be at 0.8400 area. Only break above 0.8910 resistance will indicate that the downtrend had completed at 0.8642 already, then further rise to 0.9000 area could be seen.
