The AUD/USD pair initially tried to fall, but then turned around to slam into the 0.75 level. Ultimately, this is a market that is at fairly low levels, but I also feel that the market could be bought if we can clear the top of the range for the session on Wednesday. At that point in time, I feel that the market would then reach to the 0.77 handle. In the meantime though, I’m waiting to see whether or not we get an exhaustive candle that we can start selling. I believe that is probably more likely.
