And regarding fundamentals.. aud fallen hard after Speculation of Rate Cut in August..!!!!!! Stay turned as fomc can make it more bearish breaking support of 0.7425.. or another jump towards 0.76.
Before fomc stop will be BE. and if 0.7425 breaks then target is dowards 0.733 and down..
Oil fallen below today and usdcad is lurking close to 1.31.. so for short term.. there will be consolidation but i see aud to tumble down more..