The AUD/USD pair fell significantly during the course of the day on Thursday, but found enough support to turn things back around and form a hammer. That hammer of course is a very bullish sign, and as a result the market should continue to find buyers every time we fall. At this point in time though, anticipate quite a bit of volatility regardless what happens, as the market is very tight in the current area, and of course has a massive amount of support below while having quite a bit of resistance near the 0.75 handle.
