AUDUSD recently broke below the support area lying between the key support level 0.68000 (which reversed the price sharply in December), support trendline of the daily up channel from October and the 61.8% Fibonacci correction of the previous sharp upward impulse from December. The breakout of the aforementioned support zone accelerated the active impulse wave 3. Given the strengthening bearish sentiment affecting the Australian dollar – AUDUSD is likely to remain under the bearish pressure and to fall further toward the next support level 0.67500 (target for the completion of the active impulse wave 3).