The People’s bank of china devalued the Yuan 2% over night , which sparked USD demand and put the AUD under heavy pressure.
Technically Aussie has broken short term support 0.7350 which confirms short term weakness, a decline till 0.72500 cannot be ruled out.
On the higher minor resistance is around 0.7380 and break above targets 0.7445/0.7490.
invalidation only above 0.7450
It is good to sell on rallies around 0.7325 with SL around 0.7355 for the TP of 0.7250/0.7230