Australian Dollar: USD/AUD (AUD=X) downside likely after overnight retracement

Australian Dollar: USD/AUD (AUD=X) downside likely after overnight retracement AUD/USD managed to regain some ground following a fall below the $0.7182 swing low. That break below $0.7182 means that the upside we have been seeing is likely to be a retracement of the $0.73-$0.7164 sell-off, before we turn lower once more. However, with price the heading…