AUDUSD trades to new lows and is below 100 hour MA - ConsultFX

AUDUSD trades to new lows and is below 100 hour MA

The bearish story started yesterday. Yesterday, the AUDUSD tested a key trend line at 0.7676 (see post from yesterday ""), and held. That was the set up for what is happening today.   Sellers leaned against the key trend line. Resistance held. The buyers turned to sellers.