The AUD/USD pair fell during the course of the session on Wednesday, testing the 0.76 handle. With that, we feel that the market will continue to go much lower. If we can break down below this handle, we feel that the market should then go down to the 0.75 level, and perhaps lower than that. Any rally at this point in time will have us looking for some type of resistant candle in order to start selling again as the long-term downtrend has been so strong and the US dollar continues to be the strongest currency.
