AUDUSD is facing 1.0410 support again

AUDUSD is facing 1.0410 support again, a breakdown below this level will indicate that the downtrend from 1.0612 has resumed, then another fall to 1.0300 area could be seen. However, as long as 1.0410 support holds, one more rise to test 1.0612 previous high resistance is still possible, a break above this level will signal resumption of the longer term uptrend 0.9581 (Jun 1 low), then further rise towards 1.0800 could be expected.

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