- AUD/USD pierced 50% Fib of 0.7534-0.8077 again overnight, can't hold
- Long lower wick on today's candle, suggests bulls put up a fight
- Bears frustrated pre-RBA (>75% chance of cut priced), resistance at ~0.7850 & 0.7875/80
- If bears break 0.7800 next support 0.7740/65 (61.8 Fib, 21&55-DMAs, cloud base)
- Daily RSI unwinds good part of oversold conditions from last week
- If no cut April high in play


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