We have had a really huge sell off of both of the antipodean (Australian and New Zealand) Dollars since last Thursday, with the price easily breaking through support, confirming the area at 0.7723 as crucial resistance. The price has now just about returned to a basing area confluent with a very psychologically key round number at 0.7500 which will quite probably provide some kind of support, although it does not look as if there could be a meaningful rise right away. There probably would need to be a consolidation first.
There is no high-impact news due today concerning either the AUD or the USD.
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