Back in the pre-FOMC range
The AUDUSD has moved back below the 100 and 200 hour MAs (blue and green line in the chart below) after surging higher in the FOMC influenced trading yesterday.
The break puts the pair back in the trading range seen before FOMC decision (0.7608-0.7680 area). The MAs will now be intraday resistance. If the price is able to move back above these MA levels, there should be a change in the bias back to the upside - at least for the trading day.
On the downside, the next targets come in initially against the 0.7615 level. This is the underside of the broken trend line (see red circle). Not far from that level is a floor area at 0.7608 (blue circles). In trading yesterday, the price move below this level (red shaded area), but then reestablished the floor before the surge higher. I would expect buyers on a dip toward this area in trading today as the market starts a consolidation process once again.

