Nick Nasad
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AUD/USD - Testing Recent Range's Support at 0.8910

The Aussie has really been one of the weaker currencies (weakest major) of late and that trend may continue if we have a break through key support today.

After a decline in the middle of last week, the pair went into a pretty tight 60 pip range over the last couple of trading sessions. That range's support is now being tested and a break through here would have us looking back at some longer-term charts for downside targets like we did last week.