Long-term outlook
AUDUSD is trading sideways.
Short-term outlook
AUDUSD is trading within a corrective bearish trend.
Main details
AUDUSD rebounded from 0.67000 but lost momentum and is heading lower now. The pair looks neutral within 0.67400–0.66800, and a breakout will suggest a further trend direction.
Possible outcome
Look for buying opportunities as long as AUDUSD is trading above 0.66400.
