AUDUSD: Possible Fall

AUDUSD, Daily

In the Daily timeframe, AUDUSD broke the trend line after a short-term bullish trend and fell to an important support area. Considering the break of the trend line and the MACD line crossed the signal line downwards, we can expect a fall when support is broken.

• AUDUSD could be considered to sell on a breakdown below 0.6660 and MA50 support with a target of 0.6580;