AUDUSD retreat continues to finally break down through 0.7950

It's been another soggy session for the Aussie $ 28 July

Asian rally from 0.7953 petered out at 0.7975 but then found support again into 0.7950 only to fail on the rally into 0.8000.

Since then it's been one-way traffic and yesterday's heady highs seem but a distant memory as we now finally break down through 0.7950 to post 0.7937.

Currently 0.7946 we can expect some offers/res around 0.7950 given it's tough holding stance on the way down.

Demand/support at 0.7920,0.7900 and 0.7880 as per the order board

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