The AUD/USD pair fell hard during the session on Friday, but as you can see the 0.75 level continues to offer a bit of support as it had previously. With this, we believe that the market is going to be a bit choppy, and although we think that the market may continue going lower, we will have to wait to see whether or not we can close on a daily chart below the 0.78 level in order to start selling. At that point in time, we would fully anticipate the market heading down to the 0.76 handle.
