AUDUSD: Declines, Eyes Key Support.
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AUDUSD: The pair has ended its correction following a reversal of its gains on Tuesday and a follow though on Tuesday. This development leaves AUDUSD threatening g further declines towards the 0.9527/00 level. A break will target the 0.9450 level. Other supports are located at the 0.9400 level and the 0.9350 level. On the other hand, to reverse its weakness, it will have to return above the 0.9791 level. Resistance lies at the 0.9800 level and then the 0.9851 level. Further out, resistance resides at the 0.9900 level. All in all, the pair remains biased to the downside medium term