AUDUSD currency pair under the bearish pressure after the price broke below the long-term support level 0.71000 (previous multi-month low from August, as can be seen from the daily AUDUSD chart below). The breakout of the support level 0.71000 accelerated the active intermediate impulse wave (3). Given the clear downtrend that can be seen on the daily charts and the strong USD bullish sentiment seen across the FX markets today, AUDUSD currency pair can be expected to fall further toward the next round support level 0.70000 (target price for the completion of the active intermediate impulse wave (3).).