FX:AUDUSD Australian Dollar/U.S. Dollar
The Aussie is approaching major resistance confluence once again and looks ripe for a short. Pair remains capped by falling trend-line resistance dating back to April 2013 . Bears will be keeping an eye out for sell signals on the lower time frames and looking to propel the pair lower. Initial support lies in the 76 - 7620 range, with a break below there targeting channel/range support confluence above 7450. Daily close above 77 would invalidate.