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AUD/USD nearing 6 year lows at 0.7561

  • Pair posted another new trend low at 0.7568

  • Inching closer to 6 year low from early March at 0.7561

  • Shorts active, target 0.7250. On a break of 0.7561 level, trail the stop lower

  • 0.7241 was monthly low May 2009, 0.7204 is 76.4% of 0.6007-1.1081 2008/2011 rally

 

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