The AUD/USD pair fell during the course of the session on Wednesday, as we continue to see weakness in the Australian dollar in general. After all, the market heads down to the 0.85 handle, and then ultimately below there given enough time. We have no interest in buying this pair, and believe that rallies at this point time should be nice selling opportunities as the market certainly has set its trend to the downside. In fact, it’s almost impossible to be buying this market until we get above the 0.90 level. That seems very unlikely, and as a result we aren’t even looking.
