Weekly Technical Analysis of Australian Dollar AUDUSD

The Australian dollar is trading on the weekly chart, below the downtrend shown above. In addition, the support has broken below the trend two weeks ago and is trading below it. We await the correction to the broken support indicated by the cross rectangle at 0.6660 and then drop again

Selling will be below the trend from the broken support, and in general any correction below the trend is another opportunity to sell

General condition: sale