Analysts at TD Securities remain committed sellers of AUD rallies and look to fade any further upward progress back toward a 0.65 handle. Key quotes “We note that the daily MACD has recently rolled over, pointing to a deteriorating technical backdrop. Today may not be the day to look for it, but we think a push lower through a near-term double bottom a hair above 0.64 could see additional selling pressure emerge.” “We’d expect to see a test of 0.6370. The real prize is a bit lower, we think. We think the 0.6260 area could emerge as the key threshold for further downside potential.” “We think we’d have to see a clear move above recent highs at 0.6570 to revisit our bearish bias.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD Price Analysis: Surges through 0.60 mark, fresh session tops FX Street 2 years Analysts at TD Securities remain committed sellers of AUD rallies and look to fade any further upward progress back toward a 0.65 handle. Key quotes “We note that the daily MACD has recently rolled over, pointing to a deteriorating technical backdrop. Today may not be the day to look for it, but we think a push lower through a near-term double bottom a hair above 0.64 could see additional selling pressure emerge.” “We’d expect to see a test of 0.6370. The real prize is a bit lower, we think. We think the 0.6260 area could emerge as the key threshold… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.