The AUDUSD is keeping the bears in control after pushing above the trend line in early London trading and failing. The sell off has the pair moving toward the next key targeted low against a lower trend line connecting 5 recent lows. That target comes in at the 0.8821. Looking at the daily chart, the 0.8821 level is also near a support target on that chart. The lows from December 2013 came in at 0.88198 and 0.8821 on December 18 and 19th. In January, the price spent most of the month below this level (only one close above) before starting the rally higher in February. I expect buyers against this level on the first ... (full story)