The AUD/USD pair had a positive session on Friday, but found the area around the 0.80 level to be resistive yet again. Because of this, the market looks as if it is going to test this area yet again. However, we need to point out that the market fell just below the shooting star from previous attempts to break out. Because of this, we think that it’s very possible that the Australian dollar is slowly grinding out what’s left of its energy to the upside. We would not be surprise at all to see this market break down, and have no interest in buying.
