AUD/USD broke major support level 0.7500
- AUD/USD broke major support level 0.7500
- Next sell target - 0.7400
AUD/USD recently broke the major support level 0.7500 ( which stopped the sharp downtrend in December and which reversed the price at end start of April, as can be seen from the daily AUD/USD chart below). The breakout of this support level should strengthen the bearish pressure on this currency pair. AUD/USD is expected to fall toward the next sell target at next support level 0.7400.