AUDUSD pair may continue its downtrend after the pair just completed a rising wedge on their downtrend. The price just breakout from rising wedges but we still finding retracement to 0.64441 to support our ideas which is bearish trend. On top of that, the price may also start the bearish trend once hit the resistance zone which on 0.64004. As USD currently reporting good fundamental results, this may support the idea of bearish on AUDUSD pair. However, the analysis may also fail if the price break the resistance zone on 0.64004 to 0.64441. We see a lot of beautiful retracement on fibo retracement tools. The price keep bullish on support and bearish on resistance. We also see nice uptrend as the price breaking support on fibo retracement, and retrace to its support area and continue the uptrend. But, on current price movement, the price try to break the resistance on 0.618 fibo but does not happen. This may support the ideas of bearish movement may take place. 50EMA,100EMA and 200EMA indicates no proper trend on current price. Check out my analysis and comment !