AUDUSD (0.7128): The AUDUSD currency pair maintained the gains, but price action turned flat around the 0.71300 level. This could potentially signal correction to the short-term rally. The previously breached resistance/support level at 0.7022 remains a key level of interest to the downside. As long as this support holds, we can expect the AUDUSD to form a bottom with the bias turning to the upside. The resistance level at 0.7191 remains the next main resistance level targeted in the short term.
