For the last week or so now the Australian dollar has fallen away sharply to down below the key 0.77 level and further to some short term support around 0.76 where it is presently enjoying some support and steadying. Its next obvious support level is down at 0.7550 and it will hoping to be propped up by it. Its recent decline was from the key 0.7850 level after surging higher to a new two month high above 0.79 earlier last week. For a couple of weeks it moved back and forth from below 0.76 and up to the key resistance level at 0.7850 and higher, before the recent fall. A few weeks ago the Australian dollar made a ... (full story)