AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.79 level. However, we found enough resistance in that general vicinity to withstand the bullish pressure. Alternately, if we get some type of resistive candle in this general vicinity that we are willing to sell. However, we do not have one yet and we do recognize that the 0.80 level above is a bit of a ceiling at the moment, so we are simply waiting to see whether or not we get a sell signal again, and as a result will remain patient.
