AUDUSD remains in short term downtrend from 0.7322. Deeper decline is expected to test 0.7032, a break below this level will suggest that the rise from 0.6284 (Mar 4 low) has completed at 0.7322 level already. Initial resistance is now at 0.7237 and key resistance is at 0.7322, only rise above 1.7322 level will signal resumption of the uptrend from 0.6284.
