Possible retest of 7490 - 7510 level again........ not sure if this will happen. If it comes then the same drill again, back to 7550 - 7580 from the lows.

AUD/USD

Nothing much to see here. If bears are truly in control then we are going to see a steep dip today, otherwise this is going back to the 7550 - 7580 level again. My bet is on the latter.

AUD/USD

I may be wrong....... but i think the real shock may come from GU. AU has been quite predictable since the lows weeks back.

AUD/USD

I have a quick short from 7590 which i will be happy to close around 7533. I'm less adventurous....... shorts at 74xx are out for me.

AUD/USD

I think its going to retest near the lows of this week and rebound up back to the 7550 - 7580 level. Consolidation still on-going.

AUD/USD

May not be only about AUD, there is dollar sellling across the board.

AUD/USD

I believe every trader has their own unique method of plotting the highs and lows developed over time. It is not the same for everybody and there is every chance that the numbers are incorrect. Personally i use the highest and lowest close to work ...

AUD/USD

Unless there is anything new to print, the minutes usually won't create much volatility. All recent minutes release days have been virtually stalemates.

AUD/USD

Now we know the real support is at 7550 - 7580 level. Even if it goes below yesterday low, the pair will most likely be bought up quickly again. Either the pair consolidates around this level with bulls buying any dip below before heading to 7760 - ...

AUD/USD

Rates stays....... Bulls got the 7550 - 7580 test that they need, now lets see if the bounce can last. If it gets back to near 7650 then it is a good sign for longs, 7500 - 7550 cannot be broken otherwise bears in control.

AUD/USD

hmmm.......... i remember you mentioned your lowest short is .070200 which is already on 600 pips drawdown.

AUD/USD

I have the midpoint at 7650. Does not look like it is bouncing off 7600 as a support, PA suggesting that it is alternating 50 pips both sides of 7650. Other 2 important levels are 7550 below and 7780 above. So in this order 7550, 7650 and 7780-800. ...

AUD/USD

Didn't you just mention that your SL is under 7600? Buying again just above your SL.......... ???

AUD/USD

Looks like support building around your entry price. I'm seeing some support on GU as well. This 7650 level seems to be the consolidation area.

AUD/USD

Guess we will need to see where it close today and what's the opening price for next week. This move is indeed tricky. After studying charts on 2 different time frames, i believe both supports are valid. The market got the opportunity to test both ...

AUD/USD

I found two levels of interest: 7550 - 7580 7660 - 7700 Either one of them may be the true support. Edit: I think we will get the answer by end of today's session or on monday's opening, which of the above two set of numbers is the true support.

AUD/USD

Taking a long bet here...... 7601 filled. 50/50 chance, not too confident in this trade.... If it goes anywhere near 7450 then bets are off.

AUD/USD

I honestly don't think stuff from Japan are as reliable these days Lol. They have seen better days but others are catching up with them. Even watching their J-league is unbearable, i have switched to watching A-league on the weekends

AUD/USD

If i'm correct, this morning's dip and subsequent up move created a support for AU at the 7550 - 7580 region. Will be buying again if it hits the above level. Any bounce from there will probably have a target of 7730 and above.

AUD/USD

Agree, too high to buy and still need reversal signs for shorts. Anyway spotted weakness in GU, probably heading towards 1.43 support. So i guess the AU bulls will take a break for now

AUD/USD