Pair has break under the daily ascendant trend line around 0.9100, and by now, completed a pullback in 30 minutes charts and continues pushing lower. Despite a bit oversold in hourly charts, an acceleration under today’s low could trigger further falls more if gold breaks under the 1130 level, yesterday’s low. Watch for a rally to the 0.9020/30 area, if 0.9059 gives up, while if gold regains the 1140 zone, and AUD/USD accelerates above 0.9110, I expect further upside corrective movements to the 0.9140/50 level.
