AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.8540 had completed 
at 0.8795 already.
Further decline to test 0.8540 support would likely be seen.
Resistance is at 0.8795, only break above this level could trigger another rise towards 0.8900.
Editor’s Note: Equity investors/traders can use the Currency Shares Australian Dollar Trust (FXA, quote) ETF to take positions in the Aussie dollar without a FOREX account. The ETF looks to track the price of the Aussie dollar (AUDUSD), minus ETF fee. The fund seeks to reflect the price of the Aussie dollar (AUDUSD) with the shares representing a cost-effective investment relative to investing in the FOREX market.
Content curiosity of FOREXCycle
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