• AUD/USD broke major trendline support at 0.71 on Wednesday's trade to edge lower.
• It fell to a 3-month low of 0.6980 on Thursday, before recovering to session highs at 0.7076 on the day.
• The antipodeans remained supported after the Central Bank of China set a higher yuan guidance rate for the first time in 9 days.
• Selling pressure was seen at highs which pushed the pair lower to 0.7011 levels.
• The pair is trading well below the cloud and Gravestone Doji formation seen on dailies suggests further downside, 0.6937 next bear stop ahead of 0.6907 (Sept 4 lows).
• On the other side break above 0.71 (trend line support turned resistance), could see the pair at 0.7160 (cloud base) and then 0.7171 (Jan 6 highs).