The 0.7500 area keeps getting visits from the sellers
The aussie bounced from the 0.7500 level yesterday and had a choice. Get above the near resistance at 0.7440/45, or get below the support around 0.7485/00.
The answer was to break above resistance and off we went to 0.7568, just stopping short of the next resistance level. Now we’ve been back down and protection of the 0.7500 number has stepped in at 0.7507.
AUDUSD bounces again from 0.7500 but we keep coming back – What do we do now?
