The AUD/USD pair went back and forth during the course of the day on Wednesday, as we struggled a little bit to continue to go higher. With this, the market should continue to struggle in this area and as a result we are looking for some type of resistant candle in order to start selling. The 0.70 level below is the “target” at this point in time, so therefore we will not hesitate to start selling if we get a break down below the bottom of the range for the session on Wednesday.
