Australian Dollar: USD/AUD (AUD=X) downturn continues following key breakdown

Australian Dollar: USD/AUD (AUD=X) downturn continues following key breakdown AUD/USD has been gradually slowing in its decline, following on from a break below the key $0.7085 support level. That slowdown highlights the possibility of a rebound to begin retracing this recent decline from $0.7315. However, for now it looks likely we will see further downside, with…