The AUDUSD moved lower for the 4th consecutive day. In the process, the price will down toward its 50% midpoint of the move up from the December low. A level comes at 0.66975. Low price for the day reached just above the 0.6700 level at 0.6701 and bounced.That bounce moved back up to retest the broken 38.2% retracement of 0.6738. It also was near the high of a swing area between 0.6727 and 0.6738. Holding below those levels, kept the sellers more control. The 0.67382 level will be eyed in the new trading day as the key barometer for both buyers and sellers in the short term. Stay below and the sellers have the go-ahead to push down below the 50% midpoint at 0.66975 toward other swing levels
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