The AUDUSD ran into an important technical barrier during the European session, as price action stalled against a swing area between 0.66247 and 0.66351. The last 2 trading days have found resistance sellers within that area. As long as the pair remains below this area, the technical outlook will tilt in favor of the sellers. For now, the story is straightforward: sellers are in control below the moving averages, and the burden shifts to buyers to reclaim lost technical ground. Unless that happens, the path of least resistance remains to the downside.