The AUD/USD pair tried to rally during the course of the session on Thursday, but could not keep the gains in ended up forming a shooting star. This of course is a very negative sign but we also recognize that the 0.80 level below is massively supportive. Because of that, we are actually sitting on the sidelines as we need to break down significantly in order to start selling, and it is obvious that buying is not possible. If we get some type of rally, we could sell that, but at this point in time we do not see the opportunity.
