AUDUSD to push lower as it remains below 0.72
AUDUSD is currently trading below 0.72 area while having certain corrective phase. As the price remains below 0.7200 area, it has higher probability to push lower towards 0.7020 area again in the coming days. The price recently formed a Double Top near 0.7195 area and despite the 20 EMA carry, as the price remains below 0.72, the bears may regain momentum in the process.