The last 3 months saw the AUDUSD retreating from the high of 0.8000. The continuous weak economy data did not help the bull course either. Of late the economic data has started to show some slight recovery and I and this would support the continuation of my longer term AUDUSD buy. The nearest support is 0.7706 – 0.7651 area. If this support does not hold, I have better support areas at 0.7606 which is also a level in which I am more interested. The last 2 levels are 0.7497 and 0.7387. If the last 2 does not hold the sell, I may need to change my long term buy view. Wait for buyer to come in before jumping on the buy at my support areas. Have fun everyone.