AUDUSD moved sideways in a narrow range between 0.6738 and 0.6780. As long as 0.6780 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.6894, a further decline to 0.66700 area is still possible after the consolidation.

On the other side, a breakout of 0.6780 resistance would indicate that the downside movement had completed at 0.6738 already, then the following upside move could take the price to 0.6900 area.