AUDUSD bearish retracement at 0.70900 region with a doji candle formation last hour. AUDUSD have been struggling in 0.70900-0.7100 region for the past 2 days and somehow managed to break the consolidation Low today in the opening session aggressively till 0.70600. Bulls, then retested the 0.79000 region again after the breakthrough and currently dropping at 0.70896 as of writing. As FOMC and Fed is yet to release later today, the volatility of the market will be high. If the bears break below 0.7800, it may continue its trend reaching the previous low.On the other side the break above 7120 targets 7160.

AUDUSD TODAY:
Daily open: 0.70876
Daily Last high: 0.70945
Daily Last Low: 0.70567
Daily current growth: +0.04%