After the third bearish bounce at 0.71300 region in the descending triangle, AUDUSD is been Falling since today’s early Asian session as the language in the RBA meeting statement was softer than previous report. As of writing, the pair tested 0.70600 area which is been unbroken since March March 25. AUD bears are expected to form further lower low once 0.70600 is broken which may rally up-to 0.70400 and further to 0.7100 . Bulls have quite minimum risk reward to climb up from 0.70600 mark targeting descending triangle resistance above 0.71000 mark.

AUDUSD TODAY:
Daily open: 0.71117
Daily Last high: 0.71297
Daily Last Low: 0.70645
Daily current growth: -0.55%