Audusd remains in downtrend from 1.0582
AUDUSD remains in downtrend from 1.0582, the bounce from 0.9434 is likely consolidation of the downtrend.
AUDUSD breaks above the upper border of the falling price channel, suggesting that a cycle bottom has been formed at 0.9134 level on 4-hour chart, and the fall form 0.9381 has completed.