Technical analysis:
AUD/USD has been trading downside this morning and I found rejection of the key short-term resistance zone at 0.6920.
Trading recommendation:
Due to the downside trend condition and rejection of the resistance zone in the background, I see potential for the downside continuation.
Downside objective is set at 0.6815
MACD oscillator is showing fresh downside reading, which is good sign that sellers are in control.
Key resistance zone is set at 0.6920
