AUD/USD Analysis (September 25)

The Aussie has been one of the main victims of the shift towards risk aversion on the market. The market has broken back below parity like a knife through butter…
The downside pressure is now very intense and next target is given by the 2010 former resistance at 0,94.
We have to keep in mind though that the long term trend remains bullish as the Aussie remains a high yield currency.