Possible minor rebound before further decline…
AUDUSD pair has just continued its downtrend as expected.
Right now the pair is hovering around 0.6760 area which is a short-term pivotal support.
Pay attention that RSI indicator is signaling extreme oversold.it may put the pair more at risk of the rebound.
If the prices come back from the rebound around short-term pivotal resistence at 0.6860,further decline to next support area at 0.6690 is due.