AUDUSD remains in downtrend from 1.0751, the rise from 1.0053 is treated as consolidation of downtrend. Key resistance is now at 1.0342, as long as this level holds, downtrend could be expected to resume, and another fall to 0.9800 is still possible. On the other side, a break above 1.0342 will indicate that the fall from 1.0751 had completed at 1.0053 already, then the following upward move could bring price to 1.0600 zone.

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