AUDUSD Strong downtrend continues

٣ سبتمبر ٢٠١٥

Aussie has broken the channel line support since July and continued the downtrend. The price is now seeking for the long term support around 0.630 or 76.4% fib and it may have a chance to reverse at that area. The reversal may skyrocket the price to 0.72 - 0.79 level.