AUD/USD breaks the 0.7600 handle
Now moves to a test of the 200-hour MA (blue line) and the trendline support just under it. If sellers are able to hold a break below said levels, it establishes a near-term bearish bias in the pair and that will see an extension towards the downside.
Should that be the case, support and bids at 0.7560 will be eyed next.
Meanwhile, AUD/JPY looks to have firmly broken below the 100-day MA (red line) as well - an area highlighted earlier.
With European equities set to open with a softer tone, it doesn't bode well for risk assets in the session.
