AUD/USD May Continue Falling

AUD/USD slowly and choppily moved to the upside until it finally reached the resistance at 0.7675 which coincides with the (MA)89 indicator on the weekly time-frame, then formed a clear shooting star candlestick below that level and continued moving to the downside. Currently the pair is about to test the last low at 0.7565 and considering the aforementioned candlestick and how bearish it is there will likely be a breakout below that support. If or when it breaks out below that level next target should first be at 0.7500. A breakout below 0.7500 could lead to a further move to the downside towards 0.7425 which was the previous low.