AUDUSD is now in downtrend from 0.9404 and the fall extended to as low as 0.8734. further fall is still possible next week and next target would be at 0.8550-0.8600 area. Resistance is at 0.8920, as long as this level holds, downtrend could be expected to continue.
For long term analysis, AUDUSD has formed a cycle top at 0.9404 level on weekly chart. Fall towards 0.8500 area is expected in next several weeks.
