The AUD/USD pair did nothing during the session on Wednesday, as we continue to hang just below the 0.79 level. With that being the case, the market has a significant amount resistance all the way to the 0.80 handle, which is a massive resistance barrier. We have no interest in buying this pair, and will look for resistive candles in order to start selling. We have no illusions about this market been able to be bought into we get above the 0.83 level, as there is so much in the way of noise to that area.
