The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a hammer. This hammer suggests that we are going to have a bit of a fight on her hands, but the market is certainly in a downtrend longer-term. Because of this, if we break down below the 0.8950 level on a daily close, we are willing to start selling and aiming for the 0.88 level. We have no interest in buying right now.
