AUDUSD moved sideways in a trading range between 0.7493 and 0.7608. As long as 0.7493 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.7159, and further rise to 0.7700 area is still possible. On the downside, a breakdown below 0.7493 support will indicate that the uptrend had completed at 0.7608 already, then deeper decline to 0.7350 area could be seen.
